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THE NATIONALISED BANKS (TRANSFER OF BUSINESS) ACT, 1975

(ACT NO. XXXIV OF 1975).
  Part No : Chapter No : Section No: [ 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:-
 
CONTENTS
 
SECTIONS
 
1. Short title and commencement
2. Definitions
3. Act to override the laws
4. Transfer of certain banking business to Sonali Bank
5. Effect of transfer of business
6. Transfer of possession of properties, etc., of the transferred branches
7. Compensation
8. Removal of difficulty
9. Power to make orders, etc.
10. Repeal and savings
 
 

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