2
Amendment of section 10 of Act XII of 1989
Act: Bank of Punjab (Amendment) Ordinance 2002
Section Provisions
ORDINANCE LVII OF 2002 BANK OF PUNJAB (AMENDMENT) ORDINANCE, 2002 ORDINANCE LVII OF 2002 An Ordinance further to amend the Bank of Punjab, Act, 1989 [Gazette of Punjab, Extraordinary, 26th September, 2002] No. Legis.13-4/2001, dated 26-9-2002-----The following Ordinance promulgated by the Governor of the Punjab is hereby published for general information: 2. Amendment of section 10 of Act XII of 1989.--In the said Act in section 10, for subsection (2), the following shall be substituted:-- "(2) The Chairman of the Board shall be nominated by Governor from amongst official Directors. (3) The Chairman shall preside over the meetings of the Board and shall have a casting vote, but he shall not exercise any executive authority or