14. Protection of action taken in good faith.- No suit or other legal proceeding shall lie against the
Secretary or any other officer of the Government in respect of any thing which is in good faith done or
intended to be done under this Act.
15. Power to make rules.- (1) The Central Government may, by notification in the Official Gazette,
make rules for carrying out the purposes of this Act.
1
. Subs. by Act 17 of 1917, s. 2, for “one thousand rupees”.
2
. Cf. the Savings Bank Act, 1828 (9 Geo. 4, c. 92), s. 40, now rep. by the Savings Banks Act,
1863 (26 and 27 Vict., c. 87).
3
. Subs. by Act 45 of 1959, s. 8, for “the Indian Succession Act, 1865, section 4”.
4
. Subs. by s. 9, ibid., for the heading “Rules”, and s. 14.
(Miscellaneous)
(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide
for all or any of the following matters, namely:-
(a) the persons by whom and the terms and conditions subject to which deposits may be made in
a Government Savings Bank;
(b) the maximum limits of deposits and the conditions as to interest or discount relating to
deposits generally, or any class of deposits in particular;
(c) the non-accrual of interest on deposits when the maximum limits are exceeded and the
recovery of any interest paid in excess in the same manner as an arrear of land revenue or in any
other manner;
(d) the persons to whom and the manner in which deposits may be paid;
(e) the form of nominations, the manner in which, the persons in whose favour and the
conditions and restrictions subject to which, nominations may be made and the registration of
nominations;
(f) the variation or cancellation of nominations;
(g) the fees that may be levied for registration of nominations and for variations or cancellation
thereof;
(h) the manner in which any person may be appointed for the purpose of sub-section (3) of
section 4;
1
[(i) the limit under clause (a) of sub-section (4) of section 4A.”].
(3) Every rule made under this section shall be laid as soon as may be after it is made before each House
of Parliament while it is in session for a total period of thirty days which may be comprised in one session or
2
[in two or more successive sessions, and if, before the expiry of the session immediately following the session
or the successive sessions aforesaid] both Houses agree in making any modification in the rule or both Houses
agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be
of no effect, as the case may be; so however that any such modification or annulment shall be without
prejudice to the validity of any thing previously done under that rule.]