Enacted by the parliament of the united republic of tanzania. The financial institutions reform, recovery, and enforcement act of 1989 firrea, is a united states federal law enacted in the wake of the savings and loan. B as used in this paragraph, the term person includes the bank insurance fund, the savings association insurance fund and after the merger of such funds, the. Samenvoegen en downloaden en weergeven biedt een eenvoudige manier om pdfbestanden te combineren. Government notice 34 of 2011 gg 4679 under the authority of section 23 of the act. Banksand other financial institutions act an act to regulate banking and other financial institutions and for matters connected therewith. Banking and financial institutions act 1989 bank negara malaysia. Sometimes these names say something about the substance of the law as with the 2002 winter olympic commemorative coin act. This act is enacted to regulate the merger of financial institutions,expand economic scale, and economic horizon, enhance the operational efficiency of financial.
Table of content for bank and financial institution act, 2073 2017. This copy of the financial institutions act, 2004 has been updated for informational purposes to include amendments made under act 24 of 2008, act 11 of 2009 and act 23 of 2011 the central bank accepts no liability for any loss arising of its use. Financial institutions application of laws act 1992 this act is reprinted pursuant to the acts republication act 1967 and incorporates all amendments in force as at 2 may 1998. Banking institutions act 2 of 1998 legal assistance centre. Maakt het mogelijk om pdfbestanden samen te voegen met een simpele drag anddrop interface. Banks or financial institutions may be merged or acquisitioned. Glossarybank merger actthe popular name of section 18c of the federal deposit insurance act. Gazette 24aug 1989 an act to provide new laws for the licensing and regulation of institutions carrying on banking, finance company, merchant banking, discount house and moneybroking businesses, for the regulation of institutions carrying on certain other financial businesses, and for matters incidental thereto or connected therewith. Federal deposit insurance corporation authorities and responsibilities amends the federal deposit insurance act to require the federal deposit insurance corporation fdic to insure deposits held at savings.
This free online tool allows to combine multiple pdf or image files into a single pdf document. Functions, powers and duties of the central bank of nigeria. Act 372 banking and financial institutions act 1989. It also provides for the regulation of institutions carrying on scheduled business comprising nonbank sources of credit and. Banking and financial institutions act 1989 bafia the bafia which came into force on october 1, 1989 provides for the licensing and regulation of institutions carrying on banking, finance company, merchant banking, discount house and moneybroking businesses. Banking institution which is a company and which has as its principal business the receiving of deposits, under any scheme or arrangement or in any. Banking institutions act 2 of 1998 gg 1808 brought into force on 1 april 1998 by gn 631998 gg 1827 as amended by. Sometimes they are a way of recognizing or honoring the sponsor or creator of a particular law as with the tafthartley act. Among other things, the bank merger act requires the.
And sometimes they are meant to garner political support for a law by giving it a catchy name as with the usa patriot act or the take. Failed banks recovery of debts and financial malpractices in banks act an act to provide for the recovery of debts owed to failed banks and for the trial of offences relating to financial malpractices in banks and other financial institutions. The financial institutions merger act article content laws. Passed senate amended 0419 1989 financial institutions reform, recovery, and enforcement act of 1989 title i. Banks and other financial institutions act explanatory memorandum this act which has been amended by the banks and other financial institutions amendment act 2002 seeks to regulate the operations of bank and other financial institutions in nigeria. Chapter10 provisions relating to merger or acquisition of banks or. The bank merger act requires that mergers between depository institutions be subject to the prior approval of the primary federal regulator of the resulting institution 12 usc 1828c. Financial institutions reform, recovery, and enforcement act of 1989. Banking institutions amendment act 14 of 2010 gg 4598 came into force on date of publication. Malaysia financial law banking law bafia act 1989 lawyerment. It should be noted that the act was not revised for obsolete references, etc.
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