SectionsParticulars
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...
1Short 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....
2Definitions
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...
3Immunities
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...
4Deposit 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...
5Amendment 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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