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State Bank of Pakistan Act, 1956

Topic Serial # Content Case Law
 

PREAMBLE

 
0 PREAMBLE
 

CHAPTER I

 
 

PRELIMINARY

 
1 Short title, extent and commencement
1 Short title, extent and commencement
2 Definitions
 

CHAPTER II

 
 

ESTABLISHMENT, INCORPORATION AND SHARE CAPITAL OF THE BANK

 
3 Establishment and incorporation of the Bank
4 Share capital
5 Guarantee by (Federal Government
6 Notice of trust
7 Register of share-holders
 

CHAPTER III

 
 

MANAGEMENT

 
8 Offices, branches and agencies
8 8-A Establishment and maintenance of subsidiary or trust
9 Central Board Of Directors
9 9-A Functions and responsibilities of the Central Board
9 9-B Monetary and Fiscal Policies Co-ordination Board
10 Governor and Deputy Governor
11 Executive Committee
12 Local Boards, their constitution and sanctions
13 Qualifications and disqualifications of directors and members
14 Term of office of directors and members
14 14-A Bar to certain proceedings
15 Removal from and vacation of office of the Governor, Deputy Governor, directors and members
16 General and annual general meetings
 

CHAPTER IV

 
 

BUSINESS AND FUNCTIONS OF THE BANK

 
17 Business which the Bank may transact
17 (17-A) Rural Credit Fund
17 17-B Industrial Credit Fund
17 17-C Export Credit Fund
17 17-D Loans Guarantee Fund
17 17-E Housing Credit Fund
17 17-F Contributions and donations by the Bank
18 Power of direct discount
19 Declaration of approved foreign exchange
20 Business which the Bank may not transact
21 Government business
22 Service Charges
23 Obligation to buy or sell foreign exchange
24 Sole right to issue bank notes
25 Legal tender
26 Issue Department
27 Denomination and form of bank Notes
28 Re-issue Of notes
29 Lost, stolen, mutilated or imperfect notes
30 Assets of the Issue Department
31 Suspension of assets requirements
32 Liabilities of Issue Department
33 Obligation to supply different forms of currency
34 Obligation of the [Federal Government] in respect of rupee coin
35 Offences and penalties relating to unauthorised issue of bills and bank notes
36 Cash reserve of scheduled banks to be kept with the Bank
37 Scheduled banks
38 Power to require returns from Corporations
39 Publication of consolidated statements by the Bank
40 Returns
 

CHAPTER V

 
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