The Offences in Respect of Banks (Special Courts) Ordinance, 1984.
the President is satisfied that circumstances exist which renderit necessary to take immediate action;
, in pursuance of the Proclamation of the fifth day of July,1977, and in exercise of all powers enabling him in that behalf, the President is pleased tomake and promulgate the following Ordinance:-
Short tittle, extend and commencement.-
(1)This Ordinance may be called theOffences in Respect of Banks (Special Courts) Ordinance, 1984.(2)
It extends to the whole of Pakistan and also applies to the business of a bank transacted outside Pakistan.(3)
It shall come into force at once.
In this Ordinance, unless there is anything repugnant in the subject orcontext,(a)
“bank” has the same meaning as in the Banks (Nationalization) Act, 1974,and includes.(i)
a scheduled bank as defined in the State Bank of Pakistan Act,1956;(ii)
the Pakistan Industrial Credit and Investment Corporation, theInvestment Corporation of Pakistan the National DevelopmentFinance Corporation, the Bankers Equity Limited and the NationalInvestment Trust;(iii)
a Government Savings Bank to which the Government SavingsBanks Act, 1873, applies; and(iv)
such other company, institution or body as the Federal Governmentmay, by notification in the official Gazette, declare to be a bank forthe purposes of this Ordinance;(b)
“Code “means the Code of Criminal Procedure, 1898;(c)
“relative” in relation to a person, means(i)
spouse of the person;(ii)
brother or sister of the person;
XIX of 1974.XXX-IIIof 1956.V of 1873.