State Banking Services Corporation Ordinance, 2001
PART I PRELIMINARY
2 Definitions bank of pakistan.
PART II ESTABLISHMENT AND OPERATION OF THE BANKS
4 The Bank to be the subsidiary of a State Bank.
5 Business and functions of the bank.
6 Share capital and limited liability.
7 Board of Directors.
9 Managing Director.
10 Disqualifications of the Managing Director.
11 Committees of Directors.
12 Delegation of powers and appointment of attorneys.
13 Accounts and audit.
14 Liquidation of the Bank.
PART III THE TRANSFER OF THE UNDERTAKINGS BY STATE BANK OF PAKISTAN
15 Transfer of undertaking to the state bank.
16 Employees transferred to the Bank.
PART IV DIRECTION TO THE BANK
17 Power of the state bank to give direction.
PART V DELEGATION BY THE STATE BANK
18 The Delegations of powers
19 The Appointment under the section of 23B of the Foreign Exchanges Regulation Act 1947.
PART VI THE MISCELLANEOUS 20 Duty of the officers and servants to be maintains the secrecy.
21 The Bank and its officers to be the publics officer.
22 The Persons in the service of the Bank to be public servants.
25 Exemption from taxes.
26 Power to make rules.
27 Power to make regulations.
28 Protection of action taken in good faith.
29 Ordinance to override, etc.
30 Removal of difficulties.
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