Duty D12-3Y9, published by Department of Financial Services, Ministry of Finance [D12-3Y9]

As at 7 September 2026. In force from 16 March 2020.

Record DEPA/2020/1849, published 16 March 2020. Synthetic record: the register composed these words to show what the department could publish. No department published them.

Cite: Duty DEPA/2020/1849, Department of Financial Services, Ministry of Finance [D12-3Y9]. Machine: D12-3Y9.

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, Bilateral Netting Qualified Financial Contracts Act, 2020 [S29-V86].

Penalty provision: Section 29, Bilateral Netting Qualified Financial Contracts Act, 2020 [S29-VZD].

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

In force: from 16 March 2020.