# The Finance Act, 2018, Section 133: Amendment of section 15

- Act: The Finance Act, 2018 (Act 13 of 2018)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2018/section/133/

## Text

Amendment of section 15 133. In section 15 of the principal Act, in sub-section (2),— (i) | clause (a) shall be omitted; (ii) | for clause (b), the following clause shall be substituted, namely:— '' (b) the conditions as to interest or discount relating to deposits generally, or any class of deposits in particular;"; (iii) | for clause (g), the following clause shall be substituted, namely:— "(g) the fees that may be levied for discharge of any services under this Act;"; (iv) | for clause (i), the following clauses shall be substituted, namely:— "(i) the limit and procedure under clause (a) of sub-section (4) of section 4A; (j) the mode of making deposits, such as physical, electronic or through use of any other tools of communication and information technology; (k) benchmark for interest rates on deposits with a view to ensure financial sustainability of Savings Schemes; (l) amount to be excluded in computing the court fee chargeable under the Court-fees Act, 1870 (7 of 1870) for the purpose of section 8 of the Act; (m) mechanism for redressal of grievances and settlement of disputes; (n) any other matter which is required to be or may be, prescribed.".

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