Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [A10-T4R]

As at 7 September 2026. In force from 21 June 1981.

Dates: made 3 June 1980; in force 21 June 1981; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, Act 40 of 1980 [A10-T4R]. Machine: A10-T4R.

Sections (18)

Chapter I. PRELIMINARY

Chapter II. CONTROLLER

Section 1. Short title, extent and commencement [S1R-DEH]

Section 2. Definitions [S1R-DFK]

Section 3. Appointment of Controller [S1R-DG8]

Section 4. Registration of contractors [S1R-DHA]

Section 5. Prohibition of the carrying on of business without licence [S1R-DJC]

Section 6. Grant of licence [S1R-DKE]

Section 7. Maintenance of records and furnishing of returns [S1R-DM0]

Section 8. Powers of Secretary [S1R-DN2]

Section 9. Power to issue directions [S1R-DP4]

Section 10. Power to exempt [S1R-DQ6]

Section 11. Registration of licensees [S1R-DRR]

Section 12. Penalty for contravention [S1R-DST]

Section 13. Offences by companies [S1R-DTW]

Section 14. Appeal [S1R-DVY]

Section 15. Cognizance of offences [S1R-DWG]

Section 16. Protection of action taken in good faith [S1R-DXJ]

Section 17. Power to make rules [S1R-DYM]

Section 18. Power to remove difficulties [S1R-DZP]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (8)

Amends: Banking Companies (Acquisition and Transfer of Undertakings) Act (Amendment) Act, 1991 [A11-0Z4], 18 May 1991. "section 12 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980)".

Amends: Banking Companies (Acquisition and Transfer of Undertakings) Act (Amendment) Act, 1984 [A10-WHF], 18 June 1984. "section 11 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980)".

Exempts: Notification S.O. 1305(E), dated 4th September, 1989 [N12-50Z], 4 September 1989. "section 4 of the said Act".

Commences: Notification S.O. 1986(E), dated 2nd November, 1982 [N12-1SR], 10 November 1982. "shall come into force".

Exempts: Notification S.O. 640(E), dated 27th April, 1985 [N12-2PA], 27 April 1985. "section 4 of the said Act".

Exempts: Notification S.O. 2507(E), dated 16th April, 1984 [N12-2CV], 16 April 1984. "section 4 of the said Act".

Commences: Notification S.O. 958(E), dated 14th June, 1981 [N12-11D], 21 June 1981. "shall come into force".

Amends: Banking Companies (Acquisition and Transfer of Undertakings) Act (Amendment) Act, 2016 [A11-JY4], 8 January 2016. "section 14 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980)".

Not held (0)

none