Section 15: Indemnity
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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15. Indemnity.—No suit, prosecution or other legal proceeding shall lie against the Federal Government or the National Bank of Pakistan or any other person for anything in good faith done or intended or purporting to be done under this Act.
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.