Central Bank Act, 1997

• Permanent Page URL

Amendment of Part II, Chapter VII of Act of 1989.

61.—The Act of 1989 is hereby amended by the insertion of the following section after section 96:

“Application of this Part to certain classes of financial institution.

96A.—The provisions of this Chapter shall continue to apply to a financial institution which has had its certificate revoked by the Minister, or has surrendered its certificate, until such time as the institution has discharged its liabilities in whole or in part to the satisfaction of the Bank.”.