Any amount paid by the Corporation under section
17 or section 18 1[or section 18A] in respect of a deposit shall, to the extent of the amount paid, discharge the Corporation
from its liability in respect of that deposit.
1. Ins. by Act 30 of 2021, s. 5 (w.e.f. 1-9-2021).
Chapter III — REGISTRATION OF BANKING COMPANIES AND CO-OPERATIVE BANKS AS INSURED BANKS AND LIABILITY OF CORPORATION TO DEPOITORS