Banks (Nationalization) Act, 1974
1.Short title, extent and Commencement.
2.Act to override other laws.
4.Exclusive right to establish bank.
5Transfer and vesting of ownership, etc of banks.
5 B.Section 5a to have effect notwithstanding any other law, etc.
6.Compensation for transfer of ownership of shares in a bank.
7.Assessment of Compensation.
8.Removal of previous management.
9.Pakistan Banking Council.
10.Funds of Council.
11.General provisions pertaining to management of banks.
11 A.Provisions pertaining to management of banks to apply to certain financialinstitutions
12.Fidelity and Secrecy.
13.Provisions regarding staff.
14.Certain claims for Compensation barred.
15.Schemes for reorganisation of banks, etc.,
16.Removal of doubts.
17.Disposal of profits.
19.Bar of jurisdictions.
20.Power to make rules.21.Adaptation of laws.
23.Removal of difficulties.
24. Repeal of ordinance I of 1974.
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