Section 56, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-R7G]

As at 6 September 2026. In force from 6 February 1994 by S.O. 2460(E) [N12-6S4].

In Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [A11-2JP]. This text from 6 February 1994. No other text held.

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

Cite: Section 56, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-R7G]. Machine: S1X-R7G.

56. Maintenance of records and furnishing of returns.—(1) Every institution shall maintain such records and registers relating to the running of an institution as may be prescribed and shall preserve them for a period of five years. (2) Every institution shall furnish to the Commission a return in Form C within sixty days from the end of every financial year, and such other information as the Commission may, by order in writing, require.

Defined terms in this text (2)

Commission: Section 2, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1XPH4] (In this Act, unless the context otherwise requires,—): "Commission" means the Commission established under section 3

Commission: 85 more definitions.

institution: Section 2, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1XPH4] (In this Act, unless the context otherwise requires,—): "institution" means an institution of higher education recognised under section 6

institution: 95 more definitions.

Made under this section, or naming it (0)

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Cited by (0)

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Not held (0)

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Duties published under this section (0)

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