Clause

Enclosure No. 4

BANKING BILL 1986

ARRANGEMENT OF CLAUSES

1.

نهن

Short title and commencement

2.

Interpretation

3.

Application

PART I

PRELIMINARY

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PART II

APPOINTMENTS, FUNCTIONS OF COMMISSIONER, REPORTS BY COMMISSIONER AND POWER OF GOVERNOR TO GIVE DIRECTIONS

Banking Advisory Committee

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Deposit-taking Companies Advisory Committee

Commissioner of Banking

Functions of Commissioner

4.

5.

6.

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8.

Commissioner may employ assistants

9.

Reports by Commissioner

10.

Power of Governor to give directions

PART III

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11.

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15.

BANKING BUSINESS AND BUSINESS OF TAking DepositS TO BE CARRIED ON BY AUTHORIZED İNSTITUTIONS ONLY

Banking business restricted to licensed banks

Restriction on business of taking deposits

Power to grant exemptions...

Deposit-taking company not to take deposits less than specified sum

PART IV

LICENSING And RegistraTION OF AUTHORIZED INSTITUTIONS

AND KEEPING OF REGISTER

Application for banking licence ...

Grant or refusal of banking licence

Amendment of conditions of banking licence

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16.

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Minimum paid-up share capital for grant of banking licence... Banking licence fees

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20.

Application for registration as deposit-taking company...

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21.

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Registration or refusal of registration of deposit-taking company..... Amendment of conditions of registration ...

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23.

Registration fees

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