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


Act ID: 197005
Act Number: 05
Enactment Date: 1970-03-31
Act Year: 1970
Short Title: The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Long Title: 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.
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 19-07-1969

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