Central Bank Act, 1997
Application of section 47 of Act of 1989. |
53.—Section 47 of the Act of 1989 shall apply— | |
(a) to every financial institution to which Chapter VII of Part II of the Act of 1989 relates, | ||
(b) to every exchange to which Chapter VIII of Part II of the Act of 1989 relates and every member of that exchange, and | ||
(c) to every person authorised by the Bank to carry on money broking business, | ||
as if each such institution, exchange, member or person so authorised were the holder of a licence for the purposes of the Central Bank Acts, 1942 to 1997. |