2.
(1) There shall be established a Corporation which shall be called the " National Savings Bank " (hereinafter referred to as the " Bank "), and which shall consist of the persons who are for the time being members of the Bank under section 6. |
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(2) The Bank shall, by the name assigned to it by sub-section (1). be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name. |
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