Examples of Banking Institutions Act in a sentence
The Banks Act 23 of 1965 has been replaced by the Banking Institutions Act 2 of 1998.
The Bank of Namibia as defined in the Bank of Namibia Act, 1997 (Act No. 15 of 1997) to the extent that the Bank exercises its powers and fulfils its regulatory functions under the Banking Institutions Act, 1998 (Act No. 2 of 1998) as amended, the Currency and Exchanges Act, 1933 (Act No. 9 of 1933), the Prevention of Counterfeiting of Currency Act, 1965 (Act No. 16 of 1965), and the Payment System Management Act, 2003 (Act No. 18 of 2003).
Application of Companies Act, Banking Institutions Act, 1998, and other laws 4.
Application of Companies Act, Banking Institutions Act, 1998, and other laws5.
A person or institution that carries on “banking business” or who is “receiving funds from the public” as defined in section 1 of the Banking Institutions Act, 1998 (Act No. 2 of 1998).
Short title and commencement61Schedule62 Banking Institutions Act, 1998Act 2 of 1998Published in Government Gazette no.
Despite the Banking Institutions Act or any other law, the Bank may provide information to, or request information from, other financial regulators, in Namibia or elsewhere, which is required to fulfil the objects of financial stability.
Authority for the Bank to issue this Determination is provided in section 71(3) of the Banking Institutions Act, 1998 (Act).
With a view to formulating a plan that is more attractive than those offered in the same region and same industry, it will optimize the remuneration and welfare plan so to share its development results with all employees.
The Banking Institutions Act provides the regulatory framework within which banking institutions operate and defines the powers and authority of the BoN in its relationship with defined banking institutions.