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Offences and penalties relating to unauthorised issue of bills and bank notes

(l) No person in Pakistan other than the Bank or as expressly authorised by this Act, the [Federal Government] shall draw, accept, make or issue any bill of exchange, hundi, promissory-note or engagement for the payment of money payable to bearer on demand, or borrow, owe or take up any sum or sums of money on the bills, hundis or notes payable t...


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