Section 3: No Bank to Stop payment of cheques or delivery of deposits under instructions from — Pakistan Banking (Prevention of Default and Evasion of labilities) Ordinance, 1947

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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3. No Bank to Stop payment of cheques or delivery of deposits under instructions from any Government authority outside Pakistan. No Bank operating in Pakistan shall act on the instructions of a Government or authority other than the Government of Pakistan issued to it direct or through its Head Office outside Pakistan, in regard to stopping of payment of cheques, delivery of securities or things held in safe custody, or in regard to any other banking business in Pakistan, without obtaining the prior approval in writing of an officer appointed by the 1[Federal Government] in this behalf.

Effective date: 1947-01-01

Related sections

Section 2: Definitions. In this Ordinance Section 4: Procedure for demanding explanations and search Section 1: Short title, extent and commencement Section 5: Order to prohibit removal of assets outside Pakistan. While ordering a Bank to furnish a Section 6: Seizure of assets Section 7: Service of Orders under Section 4, 5 or 6. An order under Sections 4, 5 or 6 may be served

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