The Mizoram GazetteEXTRA ORDINARYPublished by AuthorityRNI No. 27009/1973 Postal Regn. No. NE-313(MZ) 2006-2008VOL - XLVIII Aizawl, Thursday 10.1.2019 Pausha 20, S.E. 1940, Issue No. 13NOTIFICATIONNo.H.12017/55/2018-LJD, the 3rd January, 2019.The following Act is hereby re-published for gen-eral information.‘The State Banks (Repeal and Amendment) Act, 2018’ (Act No. 19 of 2018).Under Secretary to the Govt. of Mizoram,Law & Judicial Department. THE STATE BANKS (REPEAL AND AMENDMENTANACTto repeal the State Bank of India (Subsidiary Banks) Act, 1959, the StateBank of Hyderabad Act, 1956 and further to amend the State Bank ofIndia Act, 1955.BE it enacted by Parliament in the Sixty-ninth Year of the Repub-lic of India as follows :-CHAPTER IPRELIMINARY1. (1) This Act may be called the State Banks (Repeal and Amendment)Act, 2018.(2) It shall be deemed to have come into force on the 1st day ofApril, 2017.CHAPTER IIREPEAL OF THE STATE BANK OF INDIA (SUBSIDIARY BANKS)ACT, 1959 AND THE STATE BANK OF HYDERABAD ACT, 19562. (1) The State Bank of India (Subsidiary Banks) Act, 1959 andthe State Bank of Hyderabad Act, 1959 are hereby repealed.(2) Notwithstanding such repeal, anything done or any action taken,including any agreement entered into under the provisions of the StateBank of India (Subsidiary Banks) Act, 1959 by the State Bank of Hyderabad,the State Bank of Bikaner and Jaipur, the State Bank of Mysore, the StateBank of Patiala and the State Bank of Travancore, or under the provisionsof the State Bank of Hyderabad Act, 1959 by the State Bank of Hyderabad,shall continue to be in force and have effect as if the this Act has not beenenacted.(3) The mention of particulars in sub-section (2) shall not be heldto prejudice or effect the general application of section 6 of the GeneralClauses Act, 1897, with regard to the effect of repeal.CHAPTER IIIAMENDMENTS TO THE STATE BANK OF INDIA ACT, 19553. In section 2 of the State Bank of India Act, 1955 (hereinafter inthis Chapter referred to as the principal Act), clause (h) shall be omitted.4. In section 18 of the principal Act, in sub-section (I), the words“including those relating to a subsidiary bank” shall be omitted.5. In section 31 of the principal Act, in sub-section (3), in the pro-viso, in clause (ii), the words “or a director of a subsidiary bank” shall beomitted.Short title andcommencementEx-13/20192Amendment ofsection 2.Amendment ofsection 18.Repeal andsavings.Amendment ofsection 31.38 of 1959.79 of 1956.38 of 1959.79 of 1956.10 of 1897.23 of 1955. Published and Issued by Controller, Printing & Stationery Department, Government of MizoramPrinted at the Mizoram Government Press, Aizawl. C/606. In section 31A of the principal Act, in sub-section (3), in theproviso, in clause (ii), the words “or a director of a subsidiary bank” shallbe omitted.7. In section 32 of the principal Act,-(a) in sub-section (I), the words “or through a subsidiarybank” shall be omitted.(b) in sub-section (4), the words “or through a subsidiarybank” shall be omitted.8. In section 36 of the principal Act, in sub-section (2), clause (aa)shall be omitted.Amendment ofsection 31A.Amendment ofsection 32.Amendment ofsection 36.Ex-13/20193