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ORDINANCE XXXV OF 1979 ORDINANCE XXXV OF 1979 BANKING COMPANIES (AMENDMENT) ORDINANCE, 1979 An Ordinance further to amend the Banking Companies Ordinance, 1962 [Gazette of Pakistan, Extraordinary, Part I, 21st July 1979] No. F.17(1)/79‑Pub.‑The following Ordinance made by the President is hereby published for general information :‑ Whereas it is expedient further to amend the Banking Companies Ordinance, 1962 (LVII of 1962), for the purpose hereinafter appearing; And whereas the President is satisfied that circumstances exist which render it necessary to take immediate action; Now, therefore, in pursuance of the Proclamation of the fifth day of July 1977, read with the Laws (Continuance in Force) Order, 1977 (C. M. L. A. Order No. 1 of 19)7), and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance : ‑ 2. Amendment of section 8, Ordinance LVII of 1962.‑In the said Ordinance, in section 8, in the second proviso, after the words by it the words "by it", the words "or by the State Bank" shall be inserted.