The GOVERNMENT SAVINGS PROMOTION ACT, 1873

Deposits Belonging to the Estates of Deceased

Section 6: Security for due administration.

The Authorised Officer of a Government Savings Bank may take such security as he thinks necessary from any person to whom he pays any money under sub-section (4) of section 4A for the due administration of the money so paid, and he may assign the said security to any person interested in such administration.