2
Act not to apply to co-operative banks
Act: Banking Companies (Control) Act 1948
Section Provisions
Act No Act No. XXII of 1948 Banking Companies (Control) Act. 1948. An Act to Provide for the control of banking companies by the State Bank of Pakistan, Whereas it is expedient to provide for the control of banking companies by the State Bank of Pakistan ; It is hereby enacted as follows : 2. Act not to apply to co-operative banks.-Nothing in this Act shall apply to a co-operative bank registered under the Co-operative Societies Act, II of 1912, or any other law for the time being in force in any Province relating to co-operative societies.