Reimbursement to Deposit Insurance Corporation by an insured bank in one case

Where any such co-operative bank, which is an insured bank within the meaning of the Deposit Insurance Corporation Act, 1961 (No. 47 of 1961), has been wound up or has been ordered to be wound up and the Deposit Insurance Corporation has become liable under sub-section (1) of section 16 of that Act to the depositors of the insured bank, then the reimbursement to the Deposit Insurance Corporation shall be made in such extent and in such manner as provided in section 21 of the Deposit Insurance Corporation Act, 1961 (No. 47 of 1961).