Duty D12-392, published by Department of Financial Services, Ministry of Finance [D12-392]

As at 7 September 2026. In force from 4 June 2019.

Record DEPA/2019/0304, published 4 June 2019. Synthetic record: the register composed these words to show what the department could publish. No department published them.

Cite: Duty DEPA/2019/0304, Department of Financial Services, Ministry of Finance [D12-392]. Machine: D12-392.

Addressee: Every banking company.

Required: Obtain a licence before undertaking the business of banking; apply in Form B, fee five hundred rupees.

Period: Before the activity begins; licence valid three years.

Form: Form B.

Source: Section 6, Banning of Unregulated Deposit Schemes Act, 2019 [S29-892].

Penalty provision: Section 56, Banning of Unregulated Deposit Schemes Act, 2019 [S29-9V7].

Published by: Department of Financial Services, Ministry of Finance.

In force: from 4 June 2019.