1987 Ed.]

Banking

Section

[CAP. 155

5

PART XVII

CAPITAL ADEQUACY RATIO OF AUTHORIZED INSTITUTIONS

98. Capital adequacy ratio...

99. Failure to keep to capital adequacy ratio

100.

101. Remedial action

J : Commissioner may increase capital adequacy ratio for particular authorized institutions ...

..

PART XVIII

LIQUIDITY RATIO OF AUTHORIZED INSTITUTIONS

AND MATTERS AFFECTING LIQUIDITY RATIO

4:4

102. Liquidity ratio

103. Failure to keep to liquidity ratio...

104. Remedial action

105.

106. Commissioner may vary liquidity ratio for particular authorized institutions Authorized institutions not to create certain charges and to notify Commissioner of certain civil proceedings

PART XIX

Page 81

81

82

82

83

83

84

84

85

UNINCORPORATED BANKS

107. Grant of banking licence to unincorporated banks

4: 86

108. Application for banking licence under section 107

86

109. Banking licence fee for unincorporated bank

86

110. Auditor

86

!

111.

112. General application of Ordinance to unincorporated banks and members Application of sections of Ordinance to unincorporated banks

87

87

113. Prohibition on use of word “bank”

88

114. Prohibition on total of deposits

88

115. Death of member of unincorporated bank

88

116. Bankruptcy of unincorporated banks

89

PART XX

INVESTIGATIONS OF AUTHORIZED INSTITUTIONS

117. Investigations on behalf of the Financial Secretary

90

118. Powers of the inspector and offences in connection with the investigation

92

PART XXI

MISCELLANEOUS

119. Governor in Council to decide whether or not banking business or business of taking deposits is being conducted...

93

120. Official secrecy

93

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