Section 32
of International Banking Order, 2000
Section 32
(1)
The Banking Act (Chapter 95) shall have effect subject to the amendments in the Second Schedule.
Incorporating amendments until S 1/2016
(Cleancopy) NANI/Bb_as of 08.05.2019
NOTE: Amendment on P1S1 and P45S2 [24.04.2019]; P3S1, P1S2, P10S2, P11S2, P16S2-P18S2P28S2, P31S2, P34S2, P35S2, P39S2,
36
BLUV as at 14th January 2016
(2)
In the Moneylenders Act (Chapter 62), in section 2(1) (interpretation)
immediately after the words “Banking Act”, there shall be added “or a licensee within the meaning of the International Banking Order, 2000”.
(3)
In the Finance Companies Act (Chapter 89), in section 38 (exemptions) in subsection (1)(a) immediately after the words “Islamic Banking Act”, there shall be added “or the International Banking Order, 2000”.