8
Insertion of new section 2711, 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:‑‑ 8. Insertion of new section 27-B, Ordinance LVII of 1962.‑‑In the said ordinance, after section 27A, the following new section shall be inserted, tamely:‑‑ "27B. Disruptive union activities.‑‑(1) No officer or member of a trade union in a banking company shall use any bank facilities including a car or telephone to promote trade union activities, or carry weapons into bank premises unless so authorized by the management, or carry on trade union activities luring office hours, or subject bank officials to physical harassment or abuse and nor shall he be a person who is not an employee of the banking company in question. (2) Any person violating any of the provisions of subsection (1) shall be Iuilty of an offence punishable with imprisonment of either description which may extend to three years, or with fine, or with both.