Sections Particulars
Preamble
An Act to provide for certain immunities to persons making voluntary deposits with the National Housing Bank and for certain exemptions from direct taxes in r...
1 Short title and extent
1.     This Act may be called the Voluntary Deposits (Immunities and Exemptions) Act, 1991. 2.     It extends to the whole of India....
2 Definitions
In this Act, unless the context otherwise requires,-- a.     "deposit" means a voluntary deposit made by any person with the National Housing Bank in accord...
3 Immunities
1.     Notwithstanding anything contained in any other law for the time being in force,-- (a) no person, who has made a deposit with the National Housing Ba...
4 Deposit not to be taken into account in certain cases
Without prejudice to the generality of the provisions of section 3,--a.     the deposit shall not be taken into account for the purpose of any proceeding und...
5 Amendment of Act 53 of 1987
In the National Housing Bank Act, 1987,-- a.     in section 14,-- (i) in clause (b), after the words "scheduled banks", the words "or to any authority esta...
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