PREAMBLE
Preamble
Act: Banking Companies (Recovery of Loans) Ordinance 1979
Section Provisions
ORDINANCE XIX OF 1979 ORDINANCE XIX OF 1979 BANKING COMPANIES (RECOVERY OF LOANS) ORDINANCE, 1979 An Ordinance to repeat and with certain modifications, re‑Enact the Banking Companies (Recovery of Loans) Ordinance, 1978 [Gazette of Pakistan,, Extraordinary, Fart i, 27th March 1979] No. F.17 (1)/79‑Pub.‑The following Ordinance made by the President is hereby published for general information :‑ Whereas it is expedient to repeal and, with certain modifications, re‑enact the Banking Companies (Recovery of Loans) Ordinance, 1978 (XXIII of 1978); And whereas the President is satisfied that circumstances exist which render it necessary to take immediate action; Now, therefore, in pursuance of the Proclamation of the fifth day of July 1977, read with the Laws (Conti, nuance in Force) Order, 1977 (C. M. L. A. Order No. 1 of 1977), and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance;