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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 : 17. Powers to make rules.-(1) The Central Government may, by noti fication in the Official Gazette, make rules for carrying into effect the purposes of this Act. (2) In particular, and without prejudice to the generality of the fore-going power, such rules may provide for the form and manner in which returns of unsecured loans and advances under sub-section (2) of section 7, returns of assets and liabilities under sub-section (3) of section 8, and returns of assets and liabilities in the Provinces under sub-section (2) of section 9, may be submitted.