Section 42B: Resolution objectives — Banking Companies Ordinance, 1962

Discuss this provision with AI

42B. Resolution objectives.__ The primary objectives of Resolution shall be contributing to the stability of the financial system of Pakistan and the protection of the interest of depositors.

Effective date: 1962-06-07

Related sections

Section 42A: Resolution authority Section 42C: Resolution planning Section 42: Intervention triggers and powers of the State Bank Section 42D: Resolution triggers Section 41D: Prosecution of directors, chief executives or other officers Section 42E: Resolution powers

Version 1 · Source-traceable official reference. LawHub does not modify the official record.