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Short title, extent, application and commencement
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 :‑ 1. Short title, extent, application and commencement.‑(1) This Ordinance may be called the Banking Companies (Recovery of Loans) Ordinance, 1979. (2) It extends to the whole of Pakistan. (3) It applies to all Banking Companies except the Agricultural Develop ment Bank of Pakistan to which only such of the provisions of this Ordinance shall apply, and from such date, as the Federal Government may, by notification in the official Gazette, specify. (4) It shall come into force on such date, not being earlier than the first day of April 1979, as the Federal Government may, by notification in the official Gazette, appoint in this behalf.