Section 39: Accounting provisions of this Ordinance not retrospective
The Banking Companies Ordinance, 1962 · Federal Acts · II · in_force
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39. Accounting provisions of this Ordinance not retrospective. Nothing in this Ordinance shall apply to the preparation of accounts by a banking company and the audit and submission thereof in respect of any accounting year which has expired prior to the commencement of this Ordinance, and notwithstanding the other provision of this Ordinance such accounts shall be prepared, audited and submitted in accordance with the law in force immediately before the commencement of this Ordinance.
Effective date: 1962-06-07
Related sections
Section 38: Display of audited balance sheet by banking companies incorporated outside PakistanSection 43A: Power to call for certain information, etcSection 37: Copies of Balance Sheets and Accounts to be sent to RegistrarSection 43AA: Special provisionsSection 36: Submission of returnsSection 43B: Power to make declaration
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