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Amendment of section 8, Ordinance LVII of 1962

Act: Banking Companies (Amendment) Act 1997

Section Provisions

ACT XIV OF 1997 document.onkeyup = Stopit; --> BANKING COMPANIES (AMENDMENT) ACT, 1997 ACT XIV OF 1997 [31st May 1997] An Act further to amend the Banking Companies Ordinance, 1962 [Gazette of Pakistan, Extraordinary, Part I, 2nd June, 1997[ No.F.9(19)/97‑Legis., dated 2‑6‑1997.‑‑The following Act of Majlis‑e- Shoora (Parliament) received the assent of the President on the 31st May, 1997, is hereby published for general information:‑‑ 3. Amendment of section 8, Ordinance LVII of 1962.‑‑In the said Ordinance, in section 8,‑‑ (a) in the first proviso, in clause (b) for the figures, words, commas and brackets "26 of the Companies Act, 1913 (VII of 1913)" the figures, words, commas and brackets "42 of the Companies Ordinance, 1984 (XLVII of 1984)" shall be substituted; and (b) in the second proviso, for the words "Federal Government" the words "State Bank" shall be substituted; and