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banking business "banking business" means- (a) the business of- (i) receiving deposits on current account, deposit account, savings account or other similar account; (ii) paying or collecting cheques drawn by or paid in by customers; and (iii) provision of finance; or (b) such other business as the Bank, with the approval of the Minister, may prescribe;
ACT 372 - BANKING AND FINANCIAL INSTITUTIONS ACT 1989
2. Interpretation. |
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banking business "banking business" means the business of receiving money on current or deposit account, paying and collecting cheques drawn by or paid in by customers, and making advances to customers and includes such other business as the Central Bank, with the approval of the Minister may prescribe for the purposes of this Act;
ACT 102 - BANKING ACT 1973 [Repealed by Act 372]
2. Interpretation. |