Section 11: Extension of limitation
The Banks (Transfer of Assets and Liabilities) Act, 1974 · Banking/Financial Laws · Legal status not independently verified
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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11. Extension of limitation.—For the purpose of computing the period of limitation for the recovery of any money due to or from any of the specified offices and branches the period between the 16th December, 1971, and the date of transfer of the undertakings of the specified offices and branches by virtue of section 4 shall be excluded.
Effective date: 1974-01-01
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Version banks-transfer-of-assets-and-liabilities-act-1974~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.