Section 39L: Savings — Banking Companies Ordinance, 1962

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39L. Savings.__ Any regulations, directives, instructions, notifications, circulars, guidelines or any act or thing done by the State Bank in relation to banking business which is based on Shariah before the coming into force of this part shall be deemed to have been validly issued or done under the Ordinance.]

Effective date: 1962-06-07

Related sections

Section 39K: Other provisions relating to Islamic banking Section 40: Inspection Section 39J: Penalities Section 40A: Responsibility of State Bank Section 39I: Conversion and Establishment of Islamic Banking Subsidiary Section 41: Power of the State Bank to give directions

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