Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, 1970
Act Number 5
Enactment Date31/03/1970
Act Year 1970
Short Title Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, 1970
Long Title An Act to provide for the acquisition and transfer of the undertakings of certain banking companies, having regard to their size, resources, coverage and organisation, in order to control the heights of the economy and to meet progressively, and serve better, the needs of development of the economy in conformity with national policy and objectives and for matters connected therewith or incidental thereto.
Ministry Ministry of Finance and Corporate Affairs
Enforcement Date 19/07/1969
Department Department of Financial Services
Types of Main Enactment Original
Total Sections 21
Total Schedules 3

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