[30A. Bills rediscounting.—The National Bank may rediscount bills of exchange and promissory notes made, drawn, accepted or endorsed by any company or body corporate concerned with agriculture and rural development presented by a scheduled bank, a State co-operative bank, State land development bank, regional rural bank or any other institution or class of institutions approved by the Board.] 1. Subs. by s. 17, ibid., for section 30 (w.e.f. 1-2-2001).
Chapter VI — CREDIT FUNCTIONS OF THE NATIONAL BANK
Section 30A
Bills rediscounting.
Printed from Law on Tips • The National Bank for Agriculture and Rural Development Act, 1981