Banking Companies (Acquisition and Transfer of Undertakings) Act,1970 |
Act No : 5 of 1970 |
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Contents of Act: |
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Section (15) Certain defects not to invalidate acts or proceedings | |
Section (16) Indemnity | |
Section (16A) Arrangement with corresponding new bank on appointment of directors to prevail | |
Section (17) References to existing banks on and from the commencement of this Act | |
Section (18) Dissolution | |
Section (19) Power to make regulations | |
Section (20) Amendment of certain enactments | |
Section (21) Repeal and savings | |
Schedule (First) See sections 2, 3 and 4 | |
Schedule (Second) See section 6 |