Central Bank Act, 1998
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Amendment of section 134 of Act of 1989. |
19.— Section 134 of the Act of 1989 is hereby amended by the substitution for subsections (1) and (2) of the following subsections: | |
“(1) Whenever the Minister considers it necessary in the national interest, he may, after consulting the Bank, give a direction that in respect of a specified day or days a person to whom the direction relates shall not effect in the course of business any transaction, or any transaction of such a kind, as may be specified in the direction. | ||
(2) The Minister may after consulting the Bank grant an exemption from all or part of a direction under this section to any person to whom it relates where he is satisfied that such an exemption would not adversely affect the national interest.”. |