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The Nationalised Banks (Transfer of Business) Act, 1975

( ACT NO. XXXIV OF 1975 )

[ 18th July, 1975 ]

An Act to provide for the transfer of certain business and functions of specified banks to the Sonali Bank.

 
 
 

WHEREAS it is expedient in the public interest to provide for the transfer of certain business and functions in the United Kingdom of the Janata Bank, Pubali Bank and Uttara Bank to the Sonali Bank and for matters ancillary thereto;

 
 
 
 

It is hereby enacted as follows:-

 
 
 

Short title and commencement
1. (1) This Act may be called the Nationalised Banks (Transfer of Business) Act, 1975.
 
 
 
 
(2) It shall be deemed to have come into force on the 27th day of February, 1975.
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