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Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

Act No. 5 of 1970 In force from 19-07-1969 Ministry of Finance 29 sections

An Act to provide for the acquisition and transfer of the undertakings of certain banking companies, having regard to their size, resources, coverage and organisation, in order to control the heights of the economy and to meet progressively, and serve better, the needs of development of the economy in conformity with national policy and objectives and for matters connected therewith or incidental thereto.

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