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6

Amendment of section 41A, Ordinance LVII of 1962

Act: Banking Companies (Amendment) Ordinance 2002

Section Provisions

BANKING COMPANIES (AMENDMENT) ORDINANCE, 2002 BANKING COMPANIES (AMENDMENT) ORDINANCE, 2002 ORDINANCE CXI OF 2002 (An Ordinance further to amend the Banking Companies Ordinance, 1962) [Gazette of Pakistan Extraordinary Part-I, 4th November, 2002] F. No.2(1)/2002-Pub., dated 4-11-2002.---The following Ordinance promulgated by the President is hereby published for general information:--- 6. Amendment of section 41A, Ordinance LVII of 1962.---(1) In the said Ordinance, in section 41 A,--- (a) in clause (3), after the word "order", at the end, the words and comma "or for such extended period as may be specified by the Governor, State Bank of Pakistan" shall be inserted; and (b) in subsection (4), in clause (a), after the word "specify", at the end, the words and comma "or for such extended period as may be specified by the Governor, State Bank of Pakistan" shall be inserted.