The Bankers' Books Evidence Act deals mainly with:
- A.The interest rate a bank may charge on advances
- B.The use of certified copies of entries in a bank's books as evidence in legal proceedings
- C.The insurance of deposits held by a bank
- D.The appointment of auditors of a banking company
Show answer
The Act allows a certified copy of an entry in a banker's book to be received in a legal proceeding as prima facie proof of that entry, so that a bank need not produce its original records and its officers are summoned only in limited circumstances.
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