Section 4: Vesting of specified offices and branches — Banks (Transfer of Assets and Liabilities) Act, 1974

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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4. Vesting of specified offices and branches.—On the commencement of this Act, the undertakings of each of the specified offices and branches shall stand transferred to, and vest in, the National Bank of Pakistan.

Effective date: 1974-01-01

Related sections

Section 3: Act to over-ride other laws Section 5: Contracts and proceedings Section 2: Definitions Section 6: Excepted liabilities Section 1: Short title, extent and commencement Section 7: Delivery of undertaking

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