Section 8D
Bank’s power to require information, inspect and take copies
ActIn forceProvision 13 of 30
Section 8D
(1)
The Bank may, in writing, require any participating investing institution which may also be a primary investing institution, to furnish to the Bank the returns, details, particulars or information in relation to any account or record maintained by it under this Act.
(2)
The Bank may, through any of its officers authorized in writing by the Governor or Deputy Governor of the Bank, inspect or take copies of any account, record, book, or any other document maintained by a participating investing institution under this Act.
Maintenance of secrecy by the Bank