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Establishment of Monetary Policy Committee.—(1) There shall be Monetary Policy \r\nCommittee consisting of— \r\n \r\n(a) Governor, or in his absence, a Deputy Governor nominated by him Chairperson \r\n(b) three senior executives of the Bank to be nominated by the Governor Members \r\n(c) three members of the Board, to be n","quote_sha256":"f07e89cb86e795f1b22dbee5b5462b3577662a70f26af5ee93e60fb8e0698683","reader_fragment":"p-22930-24716-b20d9416df81c417","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-22930-24716-b20d9416df81c417","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-9d-23723","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":9222,"character_end":9232,"quote":"section 9D","quote_sha256":"6506de88917a078cfe27f17d3229c9e081e20544194d4cb3c5e3d7c613058191","reader_fragment":"p-8915-10651-9e7efdc90040f047","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-8915-10651-9e7efdc90040f047","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":9052,"character_end":9462,"quote":" or a Provincial Government or a Local \r\nGovernment, as the case may be;] \r\n \r\n2[(p)  “Monetary Policy Committee” means the Monetary Policy Committee \r\nestablished under section 9D.”.] \r\n \r\n___________ \r\n \r\n \r\nCHAPTER II \r\n \r\nESTABLISHMENT, INCORPORATION AND SHARE CAPITAL OF THE BANK \r\n \r\n3. 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Profits, losses, and distributable earnings .⸺(1) The annual distributable profit for a \r\nyear shall be determined as follows:— \r\n \r\nA=B+C-D \r\nWhere \r\nA = Distributable profit; \r\nB = Net annual profit of the Bank as reflected in the audited financial statements; \r\nC = amount of unrealized gains transferred to unr","quote_sha256":"72d078ef8655744f1944696a4f34da450f7ba24a3e981e80bd3af0ca407fcce6","reader_fragment":"p-77672-79419-2f6539dc3c436be6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-77672-79419-2f6539dc3c436be6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-42-78459","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":12118,"character_end":12128,"quote":"section 42","quote_sha256":"234bed30d892729e03c621f6ed386a20c12479dc0ec1aa7fea1078642cc53fd6","reader_fragment":"p-10651-12402-36453658a0ae7b0c","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-10651-12402-36453658a0ae7b0c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":11948,"character_end":12358,"quote":"\ncapital and general reserves of the Bank shall increase to eight percent of its monetary liabilities \r\nthrough allocation from the distributable profit as determined in section 42.] \r\n \r\n \r\n1[4A. 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Share capital. ⸺(1)The authorized capital of the Bank shall be five hundred billion \r\nRupees, divided into five billion shares of one hundred Rupees each . 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Objectiv es.⸺(1) The primary objective of the Bank shall be to achieve and maintain \r\ndomestic price stability. \r\n \r\n(2) Without prejudice to the Bank’s primary objective, the Bank shall contribute to the stability \r\nof the financial system of Pakistan. \r\n \r\n(3) Subject to su b-sections (1) and (2), the Bank shall ","quote_sha256":"998f921a9f22206c4ba57ace55816804cb8be3e5397f9c2301d2ff764811e10a","reader_fragment":"p-12402-14137-6f5b4cc18d72269f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-12402-14137-6f5b4cc18d72269f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-4b-13109","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":13699,"character_end":13709,"quote":"section 4B","quote_sha256":"4268451d4e573ac008f53071f245a625e2b35fcfb94b5f31b184c9e97cd860f0","reader_fragment":"p-12402-14137-6f5b4cc18d72269f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-12402-14137-6f5b4cc18d72269f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":13529,"character_end":13939,"quote":"velopment and fuller utilization of \r\nPakistan’s productive resources. \r\n \r\n4C. Functions of the Bank.⸺The functions of the Bank to achieve the objectives set forth in \r\nsection 4B and as further described in this Act, shall be to⸺ \r\n \r\n(a)  determine and implement monetary policy; \r\n \r\n(b)  formulate and implement the exchange rate policy; \r\n \r\n \r\n1Ins. by the State Bank of Pakistan (Amendment) Act, 2022 (","quote_sha256":"a1c94531a7579c3bed473e337aefcaff556061944416501a536b1f82ad51771d","reader_fragment":"p-12402-14137-6f5b4cc18d72269f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-12402-14137-6f5b4cc18d72269f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-48de4b125fb7dcc54209","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"9D","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":23723,"character_end":24043,"quote":"1[9D. Establishment of Monetary Policy Committee.—(1) There shall be Monetary Policy \r\nCommittee consisting of— \r\n \r\n(a) Governor, or in his absence, a Deputy Governor nominated by him Chairperson \r\n(b) three senior executives of the Bank to be nominated by the Governor Members \r\n(c) three members of the Board, to be n","quote_sha256":"f07e89cb86e795f1b22dbee5b5462b3577662a70f26af5ee93e60fb8e0698683","reader_fragment":"p-22930-24716-b20d9416df81c417","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-22930-24716-b20d9416df81c417","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-9d-23723","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":17490,"character_end":17500,"quote":"section 9D","quote_sha256":"6506de88917a078cfe27f17d3229c9e081e20544194d4cb3c5e3d7c613058191","reader_fragment":"p-15885-17648-edc2798c9fc385e2","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-15885-17648-edc2798c9fc385e2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":17320,"character_end":17730,"quote":"or carrying out any other business or discharging any functions \r\nincidental to, or connected with, the affairs of the Bank. \r\n \r\n5[9. Board of Directors.⸺(1) Subject to section 9D, oversight of the affairs and functions of \r\nthe Bank shall be entrusted to the Board of Directors, which shall supervise the management and the \r\nBank’s administration, operations and have the right of access to all the activiti","quote_sha256":"798d5b26a953682208cf48798d4f33de32c5069c953dcaf0c994991d8fd57d10","reader_fragment":"p-15885-17648-edc2798c9fc385e2","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-15885-17648-edc2798c9fc385e2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-100a272603849e675609","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"9D","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":23723,"character_end":24043,"quote":"1[9D. Establishment of Monetary Policy Committee.—(1) There shall be Monetary Policy \r\nCommittee consisting of— \r\n \r\n(a) Governor, or in his absence, a Deputy Governor nominated by him Chairperson \r\n(b) three senior executives of the Bank to be nominated by the Governor Members \r\n(c) three members of the Board, to be n","quote_sha256":"f07e89cb86e795f1b22dbee5b5462b3577662a70f26af5ee93e60fb8e0698683","reader_fragment":"p-22930-24716-b20d9416df81c417","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-22930-24716-b20d9416df81c417","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-9d-23723","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":19398,"character_end":19408,"quote":"section 9D","quote_sha256":"6506de88917a078cfe27f17d3229c9e081e20544194d4cb3c5e3d7c613058191","reader_fragment":"p-19366-21133-5856d264e0ba1ecf","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-19366-21133-5856d264e0ba1ecf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":19228,"character_end":19638,"quote":" such fields, or not less than ten years. \r\n \r\n9A. Powers of the Board.⸺(1)The Board, with the exception of the powers entrusted to the \r\nMonetary Policy Committee under section 9D, shall perform the following functions, namely:⸺ \r\n \r\n(a)  define, approve and determine the general internal policies and rules of the Bank \r\nregarding th e execution of its functions and approve internal rules for their \r\nimple","quote_sha256":"bf145cbaac54e30876269b3edfdef55cf19b623e516f84b8bda1115666a0aeb2","reader_fragment":"p-17648-19366-f41713a2541d9678","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-17648-19366-f41713a2541d9678","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-60ce4c393b76ca58d8c3","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"13","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":30799,"character_end":31119,"quote":"2[13. Disqualifications of the Governor, Deputy Governors, Directors and members.⸺ No \r\nperson shall be or shall continue to be the Governor, a non-executive Director, an external member of \r\nMonetary Policy Committee and a Deputy Governor, who⸺ \r\n \r\n(a) is a member of the Parliament or a Provincial Assembly or a Local","quote_sha256":"fb0d94e5eed7bfa8825435054da6ffd5ada7846ff7984012037d878798ef9206","reader_fragment":"p-29945-31732-937c826cc8ba245a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-29945-31732-937c826cc8ba245a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-13-30799","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":36470,"character_end":36480,"quote":"section 13","quote_sha256":"50c92c2f0fc37afc48af1a6a3279c607c7d6468f32e5617678a43d958b50b851","reader_fragment":"p-35293-37049-40a7ed3a7b7cd634","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-35293-37049-40a7ed3a7b7cd634","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":36300,"character_end":36710,"quote":" is incapable of properly performing the duties of his office by reason of \r\nphysical or mental incapacity; or \r\n \r\n(c) has violated any of the stipulations mentioned in section 13. \r\n \r\n(2) The appointing authority shall remove any non-executive Director or external member of \r\nthe Monetary Policy Committee if he⸺ \r\n \r\n(a) is guilty of gross misconduct; or \r\n \r\n(b) is incapable of properly performing the d","quote_sha256":"c87cfcfd4dbd974d14baa5cdb1b3f4a8e3983a8bfa7d5900e6def9958cdbbd28","reader_fragment":"p-35293-37049-40a7ed3a7b7cd634","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-35293-37049-40a7ed3a7b7cd634","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-ef3dfdd067cd7a8c6c47","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"11A","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":29067,"character_end":29387,"quote":"3[11A. Appointments.⸺(1) The Governor and the non-executive Directors shall be appointed \r\nby the President, upon the recommendation of the Federal Government taking into account the \r\neligibility and disqualification criteria laid down in this Act. \r\n____________________________________________________________________","quote_sha256":"09eb7d267124782a4c32bcf4493e8fbba47417d9e622a195abc4f1ec089a8347","reader_fragment":"p-28200-29945-6a1c65c875b7e256","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-28200-29945-6a1c65c875b7e256","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-11a-29067","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":38417,"character_end":38428,"quote":"section 11A","quote_sha256":"7df18dc90dbfea7bbb545fa10769b39ab0aa4371d0e9c7554178fe6433f0d11f","reader_fragment":"p-37049-38770-71d279f45a8fbed6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-37049-38770-71d279f45a8fbed6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":38247,"character_end":38658,"quote":"ncy by 1[appointing another director]. \r\n \r\n(6)   1[*  *  *  *  *  *  *] \r\n \r\n16.  3[*   *  *   *  *  *  *] \r\n \r\n4[16A. Conflict of interest .⸺ No person appointed under section 11A shall act as a \r\nrepresentative of any commercial, financial, agricultural, industrial or other interest or receive or accept \r\ndirections therefrom, in respect of duties to be performed under this Act. Every such person shall fu","quote_sha256":"512bc647120520f9842b6ecb4428e49848d4f548472088538a956735bb7640b2","reader_fragment":"p-37049-38770-71d279f45a8fbed6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-37049-38770-71d279f45a8fbed6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-0ede1a4802d2ba9c598a","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"11A","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":29067,"character_end":29387,"quote":"3[11A. Appointments.⸺(1) The Governor and the non-executive Directors shall be appointed \r\nby the President, upon the recommendation of the Federal Government taking into account the \r\neligibility and disqualification criteria laid down in this Act. \r\n____________________________________________________________________","quote_sha256":"09eb7d267124782a4c32bcf4493e8fbba47417d9e622a195abc4f1ec089a8347","reader_fragment":"p-28200-29945-6a1c65c875b7e256","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-28200-29945-6a1c65c875b7e256","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-11a-29067","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":39217,"character_end":39228,"quote":"section 11A","quote_sha256":"7df18dc90dbfea7bbb545fa10769b39ab0aa4371d0e9c7554178fe6433f0d11f","reader_fragment":"p-38770-40539-19cbf435075b43a6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-38770-40539-19cbf435075b43a6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":39047,"character_end":39458,"quote":"rovided that such an interest, if so disclosed, shall not disqualify such member for the purpose \r\nof constituting a quorum: \r\n \r\nProvided that no person appointed under section 11A shall be employed by any in stitution \r\nregulated by the Bank within a period of two years after vacating his position at the Bank.] \r\n \r\n \r\nCHAPTER IV \r\n \r\nBUSINESS AND FUNCTIONS OF THE BANK \r\n \r\n17. Business which the Bank may ","quote_sha256":"c10066a54b763d4f4c7b886673bfbca17815152b60cdb0731f2d9a993b5ac9d5","reader_fragment":"p-38770-40539-19cbf435075b43a6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-38770-40539-19cbf435075b43a6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-e2591c63ba16accf42c5","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"20","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":56060,"character_end":56380,"quote":"20. Business which the Bank may not transact. The Bank shall not, except as authorised \r\nunder this Act— \r\n \r\n(1) engage in trade or otherwise have a direct interest in any commercial, industrial or other \r\nundertaking except such interest as it may in any way acquire in the course of the satisfaction of any \r\nof its c","quote_sha256":"454291fd2be327748d55a5e1fc9f42967da90f688ec306c7abdf61d94c602998","reader_fragment":"p-54728-56469-534b6846c920c950","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-54728-56469-534b6846c920c950","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-20-56060","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":52101,"character_end":52111,"quote":"section 20","quote_sha256":"4f96386da7ca879e92602b7107da77a1009b1ce68b2b9bb39a2783ea25709222","reader_fragment":"p-51194-52983-5f7d29cc5c303679","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-51194-52983-5f7d29cc5c303679","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":51931,"character_end":52341,"quote":"t -term financial facility in accordance with the regulations made by the \r\nBank in relation thereto, notwithstanding the provisions of sub-sections (2), (3) and (3A) of section 20.  \r\n \r\n(2) Where in the opinion of the Bank, the aforesaid financial facility to a scheduled bank is \r\nnecessary to preserve the stability of the financial system and where the bank does not fulfill the \r\nrequirements specified u","quote_sha256":"5b2d1ea45b4ccf48725eb1782bd4ace064659ca17eb305afa2941df58a83ed95","reader_fragment":"p-51194-52983-5f7d29cc5c303679","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-51194-52983-5f7d29cc5c303679","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-81163e93348c2063ff15","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"20","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":56060,"character_end":56380,"quote":"20. Business which the Bank may not transact. The Bank shall not, except as authorised \r\nunder this Act— \r\n \r\n(1) engage in trade or otherwise have a direct interest in any commercial, industrial or other \r\nundertaking except such interest as it may in any way acquire in the course of the satisfaction of any \r\nof its c","quote_sha256":"454291fd2be327748d55a5e1fc9f42967da90f688ec306c7abdf61d94c602998","reader_fragment":"p-54728-56469-534b6846c920c950","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-54728-56469-534b6846c920c950","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-20-56060","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":53254,"character_end":53264,"quote":"section 20","quote_sha256":"4f96386da7ca879e92602b7107da77a1009b1ce68b2b9bb39a2783ea25709222","reader_fragment":"p-52983-54728-02db76f3464296e3","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-52983-54728-02db76f3464296e3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":53084,"character_end":53494,"quote":" the Federal \r\nGovernment is received in favour of the Bank, securing the repayment of the facility, notwithstanding \r\nthe provisions of sub-section (2), (3) and (3A) of section 20. \r\n \r\n(3) For the purposes of this section, a financial facility shall not include participation in the \r\ncapital of a scheduled bank: \r\n \r\nProvided that any outstanding holding by the Bank of equity or right to equity in any sch","quote_sha256":"3932909e1544ce6a20f36a0b8c754f798540b06e9a37b59dcda107a31ac3957e","reader_fragment":"p-52983-54728-02db76f3464296e3","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-52983-54728-02db76f3464296e3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-0827fe97efe310c98806","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"17G","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":51602,"character_end":51922,"quote":"5[17G. Lender of last resort.⸺(l) Where the circumstances so warrant and a scheduled bank \r\napproaches the Bank for a financial facility to improve its liquidity and where the scheduled bank in \r\nthe opinion of the Bank is solvent and can provide adequate collateral to support the financial facility, \r\nthe Bank may pro","quote_sha256":"74b622f923617a18d55b2464aad2363a30a7c812dfd3d6386d7e5591cf218576","reader_fragment":"p-51194-52983-5f7d29cc5c303679","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-51194-52983-5f7d29cc5c303679","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-17g-51602","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":54609,"character_end":54620,"quote":"section 17G","quote_sha256":"8ba289371d14d8017835e0331f0279386cd92a9cbdd37fae4e45e61dd0b81dc1","reader_fragment":"p-52983-54728-02db76f3464296e3","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-52983-54728-02db76f3464296e3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":54439,"character_end":54850,"quote":"nding operations in foreign currencies; \r\n \r\n(c)  lending or borrowing claims and marketable instruments and precious metals; \r\n \r\n(d)  conducting, without prejudices to section 17G, credit operations with banks \r\noperating in Pakistan, with lending based on adequate collateral; and \r\n \r\n(e)  other means as may be deemed expedient for the conduct of open market \r\noperations: \r\n \r\nProvided that the existing G","quote_sha256":"d87e3fe97cab26115e7fb037ad765e3712b59d3f1a0d6ac702a8bd575dd5e26b","reader_fragment":"p-52983-54728-02db76f3464296e3","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-52983-54728-02db76f3464296e3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-1a216df1f9e23d828a37","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"35","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":70619,"character_end":70702,"quote":"35. Offences and penalties relating to unauthorized issue of bills and bank notes.—","quote_sha256":"060c3ea13965411aa069c8845e82fc21284de22842408af018ac1340e2eeeea0","reader_fragment":"p-70595-72370-e4ef0a1d23666149","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-70595-72370-e4ef0a1d23666149","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-70595-72370-e4ef0a1d23666149","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":61442,"character_end":61454,"quote":"section \r\n35","quote_sha256":"0d322634496fdd810c856145f200664056dcd7ad3adaeec81e1baf193762bef0","reader_fragment":"p-59994-61740-956eb4406f2affcf","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-59994-61740-956eb4406f2affcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":61272,"character_end":61684,"quote":"fixed by the 1[Federal Government] on the \r\nrecommendations of the 4[Board]. \r\n \r\n(2) Any person contravening this authority or committing any other offence specified in section \r\n35, shall be liable to the penalties therein mentioned. \r\n \r\n25. Legal tender. —(1) Subject to the provisions of sub­section (2) every bank note shall be \r\nlegal tender at any place in Pakistan for the amount expressed therein and s","quote_sha256":"8134f744425a7286bad70297a9b5e1515b7da6a99e56b80bca653dc1cccd28e1","reader_fragment":"p-59994-61740-956eb4406f2affcf","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-59994-61740-956eb4406f2affcf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-d76d128b421c6d0b69c7","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"32","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":68070,"character_end":68111,"quote":"32. Liabilities of the Issue Department.—","quote_sha256":"2ee01801fb88f9b44d7c0778e15665ff5118d97b1e5002ecdd095dc505bdda5a","reader_fragment":"p-67095-68809-3b05e05de08ef36c","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-67095-68809-3b05e05de08ef36c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-67095-68809-3b05e05de08ef36c","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":63056,"character_end":63066,"quote":"section 32","quote_sha256":"390bc7b5f0ac08e0f53abee6e1956747d63931e682ba939b17f2bb14f44ed43f","reader_fragment":"p-61740-63528-eecec1030f2a4102","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-61740-63528-eecec1030f2a4102","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":62886,"character_end":63296,"quote":" Department and the \r\nassets of the Issue Department shall not be subject to any liability other than the liabilities of the Issue \r\nDepartment as hereinafter defined in section 32. \r\n \r\n(2) The Issue Department shall not issue bank notes to the Banking Department or to any person \r\nexcept in exchange for other bank notes or for such coin, bullion, 1[special drawing rights held with \r\nthe International Mone","quote_sha256":"f745d3e87949f4fe03c14a7d08b17192bb30c37853e994a4baf5b86f0fcb9fec","reader_fragment":"p-61740-63528-eecec1030f2a4102","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-61740-63528-eecec1030f2a4102","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-101d4031255179f05334","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"17","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":39426,"character_end":39746,"quote":"17. Business which the Bank may transact. The Bank is authorised to carry on and transact \r\nthe several kinds of business hereinafter specified, namely: \r\n \r\n(1) The accepting of money on deposit 5* * from, and the collection of money for the 2[Federal \r\nGovernment], the Provincial Governments 6* * * Local Authorities,","quote_sha256":"591ebd44a8bc68197f128d795336a8cae774b37bbd09a97341f30dc62fe6ea9e","reader_fragment":"p-38770-40539-19cbf435075b43a6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-38770-40539-19cbf435075b43a6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-17-39426","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":64826,"character_end":64836,"quote":"section 17","quote_sha256":"a5d6abf8f0c914957b60cb664e03845d42724633ff5d5255cbd5fde78d9f8ac4","reader_fragment":"p-63528-65328-69c91b8e131d90a1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-63528-65328-69c91b8e131d90a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":64656,"character_end":65066,"quote":"i)  such bills of exchange and promissory notes payable in Pakistan as are \r\neligible for purchase by the Bank under 1[sub­clause] (a), (b) and (d) of \r\n1[clause] (2) of section 17; \r\n \r\n \r\n1Ins. by the State Bank of Pakistan (Amdt.) Ordinance, 1969 (11 of 1969). Ss. 3 and 4. \r\n2Subs. by State Bank of Pakistan, (Amdt.) Act, 1972 s. 6. for “Central Government”. \r\n3Subs. by the State Bank of Pakistan (Amdt.) ","quote_sha256":"4df76ba64cdc2f8c81615759d0aa7d6d1974a87a5536d97ebe812380c338eaa8","reader_fragment":"p-63528-65328-69c91b8e131d90a1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-63528-65328-69c91b8e131d90a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-f87520407893f1a4d0b8","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"17","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":39426,"character_end":39746,"quote":"17. Business which the Bank may transact. The Bank is authorised to carry on and transact \r\nthe several kinds of business hereinafter specified, namely: \r\n \r\n(1) The accepting of money on deposit 5* * from, and the collection of money for the 2[Federal \r\nGovernment], the Provincial Governments 6* * * Local Authorities,","quote_sha256":"591ebd44a8bc68197f128d795336a8cae774b37bbd09a97341f30dc62fe6ea9e","reader_fragment":"p-38770-40539-19cbf435075b43a6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-38770-40539-19cbf435075b43a6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-17-39426","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":65463,"character_end":65473,"quote":"section 17","quote_sha256":"a5d6abf8f0c914957b60cb664e03845d42724633ff5d5255cbd5fde78d9f8ac4","reader_fragment":"p-65328-67095-405355225ef229d1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-65328-67095-405355225ef229d1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":65293,"character_end":65703,"quote":"dt.) Act, 1968 (1 of 1968), s. 6 \r\n \r\n \r\n \r\nPage 27 of 37 \r\n \r\n(iv)  promissory notes obtained by the Bank in respect of advances and loans \r\nmade under 1[clause] (4) of section 17 against such securities as are \r\nmentioned in 1[sub­clauses] (a) and (b) of that 1[clause]; and \r\n \r\n(v)  promissory notes obtained by the Bank in respect of advances and loans \r\nmade under 1[clause] (6) of section 17:] \r\n \r\nProv","quote_sha256":"10e710d84f1c9323c449d5e61ced75c1b241fa014d82fc173853e9b1b8c9c88f","reader_fragment":"p-63528-65328-69c91b8e131d90a1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-63528-65328-69c91b8e131d90a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-52838bdbb602d241074d","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"17","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":39426,"character_end":39746,"quote":"17. Business which the Bank may transact. The Bank is authorised to carry on and transact \r\nthe several kinds of business hereinafter specified, namely: \r\n \r\n(1) The accepting of money on deposit 5* * from, and the collection of money for the 2[Federal \r\nGovernment], the Provincial Governments 6* * * Local Authorities,","quote_sha256":"591ebd44a8bc68197f128d795336a8cae774b37bbd09a97341f30dc62fe6ea9e","reader_fragment":"p-38770-40539-19cbf435075b43a6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-38770-40539-19cbf435075b43a6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-17-39426","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":65681,"character_end":65691,"quote":"section 17","quote_sha256":"a5d6abf8f0c914957b60cb664e03845d42724633ff5d5255cbd5fde78d9f8ac4","reader_fragment":"p-65328-67095-405355225ef229d1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-65328-67095-405355225ef229d1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":65511,"character_end":65921,"quote":"ioned in 1[sub­clauses] (a) and (b) of that 1[clause]; and \r\n \r\n(v)  promissory notes obtained by the Bank in respect of advances and loans \r\nmade under 1[clause] (6) of section 17:] \r\n \r\nProvided that the assets falling to the share of the Government of Pakistan under the provision \r\nof Pakistan (Monetary System and Reserve Bank) Order, 1947 which are held by the Reserve Bank of \r\nIndia pending their physi","quote_sha256":"304e4b79dd14a43810ace15fdcc58b853d681f61823678357a2b6e2b50c440cc","reader_fragment":"p-65328-67095-405355225ef229d1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-65328-67095-405355225ef229d1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-7c23863f7a3be28cfc83","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"30","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":64101,"character_end":64137,"quote":"30. Assets of the Issue Department.—","quote_sha256":"d516ce5d5fe603be612b1e2ae7b8c4b5e120bbce4ce14aed23881b2ddc6b8c17","reader_fragment":"p-63528-65328-69c91b8e131d90a1","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-63528-65328-69c91b8e131d90a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-63528-65328-69c91b8e131d90a1","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":68053,"character_end":68063,"quote":"section 30","quote_sha256":"404a55fe362c2779b54e49034807d80ab1b776e803bf1909b348e2d30dc72502","reader_fragment":"p-67095-68809-3b05e05de08ef36c","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-67095-68809-3b05e05de08ef36c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":67883,"character_end":68293,"quote":"ng rights held \r\nwith the International Monetary Fund,] or approved foreign exchange of less aggregate amount than \r\nthat required by paragraph (a) of sub­section (1) of section 30. \r\n \r\n32. Liabilities of the Issue Department.—(1) The liabilities of the Issue Department shall be \r\nan amount equal to the total of the amount of the bank notes for the time being in circulation. \r\n \r\n \r\n1Subs. by the State Ban","quote_sha256":"1353919419f353c961fe1cf52b4c4fafb0f1d7ab37d708ed4695c013111fc3df","reader_fragment":"p-67095-68809-3b05e05de08ef36c","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-67095-68809-3b05e05de08ef36c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-2e6f2f8622f343c16884","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"26","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":62714,"character_end":62736,"quote":"26. Issue Department.—","quote_sha256":"af8896bf972eaa99639576736355e774d934d4a462afddd968253be8377b1323","reader_fragment":"p-61740-63528-eecec1030f2a4102","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-61740-63528-eecec1030f2a4102","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-61740-63528-eecec1030f2a4102","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":69014,"character_end":69026,"quote":"section \r\n26","quote_sha256":"a1372b18b1c61712ef3f8036f0a38203e62e569ee9e89b8e65de48b009c8a631","reader_fragment":"p-68809-70595-8a32eb360a24e064","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-68809-70595-8a32eb360a24e064","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":68844,"character_end":69256,"quote":"ay of July following the date of its issue shall be deemed not to be in \r\ncirculation and the value thereof shall notwithstanding anything contained in subsection (2) of section \r\n26 be paid by the Issue Department to the Banking Department; but any such bank note, if subsequently \r\npresented for payment, shall be paid by the Banking Department. \r\n \r\n33. Obligation to supply different forms of currency.—(1) T","quote_sha256":"268f8c62e862605945d372ca54b562b5f51e36a8aec95abcd46f15ecfda93e25","reader_fragment":"p-68809-70595-8a32eb360a24e064","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-68809-70595-8a32eb360a24e064","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-5e08325681beca2b2321","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"33","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":69197,"character_end":69251,"quote":"33. Obligation to supply different forms of currency.—","quote_sha256":"743768d1f76a4d119df20bcc3952753e54e640ca027af922ddab4ca1a548efc0","reader_fragment":"p-68809-70595-8a32eb360a24e064","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-68809-70595-8a32eb360a24e064","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-68809-70595-8a32eb360a24e064","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":70372,"character_end":70382,"quote":"section 33","quote_sha256":"9f5975fe9731647a19e175fca38ccb570c6227fa0e82d503977fbf8c00dbf773","reader_fragment":"p-68809-70595-8a32eb360a24e064","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-68809-70595-8a32eb360a24e064","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":70202,"character_end":70612,"quote":" \r\n34. Obligation of the 1[Federal Government] in respect of rupee coin. The 1[Federal \r\nGovernment] shall not reissue any rupee coins taken over under subsection (3) of section 33 nor put \r\ninto circulation any rupee coin except through the Bank and the Bank shall not dispose of rupee coin \r\notherwise than for purposes of circulation or by delivery to the 1[Federal Government] under the \r\npreceding section","quote_sha256":"4da7cc2f92ab063be8efd5b016394ccdb01b57a25685ac3b633b7ff9c0e90fe9","reader_fragment":"p-68809-70595-8a32eb360a24e064","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-68809-70595-8a32eb360a24e064","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-cefded3d08ebb33ef187","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"17","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":39426,"character_end":39746,"quote":"17. Business which the Bank may transact. The Bank is authorised to carry on and transact \r\nthe several kinds of business hereinafter specified, namely: \r\n \r\n(1) The accepting of money on deposit 5* * from, and the collection of money for the 2[Federal \r\nGovernment], the Provincial Governments 6* * * Local Authorities,","quote_sha256":"591ebd44a8bc68197f128d795336a8cae774b37bbd09a97341f30dc62fe6ea9e","reader_fragment":"p-38770-40539-19cbf435075b43a6","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-38770-40539-19cbf435075b43a6","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-17-39426","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":74828,"character_end":74838,"quote":"section 17","quote_sha256":"a5d6abf8f0c914957b60cb664e03845d42724633ff5d5255cbd5fde78d9f8ac4","reader_fragment":"p-74119-75883-01155fff3951e51a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-74119-75883-01155fff3951e51a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":74658,"character_end":75068,"quote":", p. 32. \r\n \r\n \r\n \r\n \r\nPage 30 of 37 \r\n \r\n38. Power to require returns from Corporations. The Bank may require any Corporation \r\nwith which it has any transactions under section 17 to furnish returns 1[referred to in] sub­section (3) \r\nof section 36, and if it does so require, the provisions of subsections (6), (7) and (8) of section 36 shall \r\napply, so far as may be, to such Corporation as if it were a sc","quote_sha256":"112d04978f1963d112cfb039b53a970a44708b8e4a4d29b9be8077149856c649","reader_fragment":"p-74119-75883-01155fff3951e51a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-74119-75883-01155fff3951e51a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-eb3ea55906d97b2808b3","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"36","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":71914,"character_end":72234,"quote":"2[36. Minimum reserves.—(1) The Bank may require banks or financial institutions to hold \r\nminimum reserves on deposit accounts with the Bank in pursuance of its monetary policy objectives. \r\n \r\n \r\n1Subs. by the State Bank of Pakistan (Amdt.) Act, 1972 (23 of 1972), s. 6, for “Central Government”. \r\n2Subs. by Act IX of","quote_sha256":"a2d05ad023536e574ff09b66115acdf236520219ef331069879a04be6044ad48","reader_fragment":"p-70595-72370-e4ef0a1d23666149","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-70595-72370-e4ef0a1d23666149","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-36-71914","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":74897,"character_end":74907,"quote":"section 36","quote_sha256":"c5fee9ac8b0a1fc2928b8a6421750801a53651dacfe837da39180b529d3b71c6","reader_fragment":"p-74119-75883-01155fff3951e51a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-74119-75883-01155fff3951e51a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":74727,"character_end":75137,"quote":"s from Corporations. The Bank may require any Corporation \r\nwith which it has any transactions under section 17 to furnish returns 1[referred to in] sub­section (3) \r\nof section 36, and if it does so require, the provisions of subsections (6), (7) and (8) of section 36 shall \r\napply, so far as may be, to such Corporation as if it were a scheduled bank. \r\n \r\n2[39. Accountability.⸺(1) The Governor shall submi","quote_sha256":"0d0034cbc8e2d7759db8c6fbb77fef9d329d5bc84db663e5fef816fbd93d9c3c","reader_fragment":"p-74119-75883-01155fff3951e51a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-74119-75883-01155fff3951e51a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-d040b2969625da49eadf","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"36","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":71914,"character_end":72234,"quote":"2[36. Minimum reserves.—(1) The Bank may require banks or financial institutions to hold \r\nminimum reserves on deposit accounts with the Bank in pursuance of its monetary policy objectives. \r\n \r\n \r\n1Subs. by the State Bank of Pakistan (Amdt.) Act, 1972 (23 of 1972), s. 6, for “Central Government”. \r\n2Subs. by Act IX of","quote_sha256":"a2d05ad023536e574ff09b66115acdf236520219ef331069879a04be6044ad48","reader_fragment":"p-70595-72370-e4ef0a1d23666149","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-70595-72370-e4ef0a1d23666149","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-36-71914","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":74986,"character_end":74996,"quote":"section 36","quote_sha256":"c5fee9ac8b0a1fc2928b8a6421750801a53651dacfe837da39180b529d3b71c6","reader_fragment":"p-74119-75883-01155fff3951e51a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-74119-75883-01155fff3951e51a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":74816,"character_end":75226,"quote":"tions under section 17 to furnish returns 1[referred to in] sub­section (3) \r\nof section 36, and if it does so require, the provisions of subsections (6), (7) and (8) of section 36 shall \r\napply, so far as may be, to such Corporation as if it were a scheduled bank. \r\n \r\n2[39. Accountability.⸺(1) The Governor shall submit annual report before the Majl is-e-\r\nShoora (Parliament) regarding the achievement of t","quote_sha256":"0e8554c71a3492363dd5eb75b06d12646a29d4200d0d27430d55d1daf6bf425c","reader_fragment":"p-74119-75883-01155fff3951e51a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-74119-75883-01155fff3951e51a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-75307b14f67020504db4","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"43","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":80535,"character_end":80855,"quote":"1[43. External Audit.⸺(1) The accounts, records and financial statement s of the bank shall, \r\nonce a year, be audited in accordance with the international standards on auditing, by two independent \r\nexternal auditors who shall be of good repute and have international experience in the auditing of major \r\ninternational","quote_sha256":"10db60a668b59edfd988ce8c3868de750548a13bcc6f69b2f31444c4de90f125","reader_fragment":"p-79419-81162-33e8c9190613da7b","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-79419-81162-33e8c9190613da7b","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-43-80535","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":81868,"character_end":81878,"quote":"section 43","quote_sha256":"8a99826da7a74f25842c969d260661404795f24e964a0ac5e118671a0b336c1d","reader_fragment":"p-81162-82962-e1ddd8bead97747f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-81162-82962-e1ddd8bead97747f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":81698,"character_end":82108,"quote":"or General of Pakistan.⸺The Auditor-General of Pakistan may, without prejudice \r\nto the autonomy of the Bank and the audits conducted by the external auditor pursuant to section 43, \r\nconduct audit of the accounts of th e Bank. Such audit shall not have concern with the merits of the \r\npolicy decisions including implementation thereof by the Bank.] \r\n \r\n1[45. Audit committee.⸺(1) The Board shall constitute ","quote_sha256":"02cd77a2f34a4fc22ae46755a48b433eda3690abf23ca296ac7ac5fbc42c7507","reader_fragment":"p-81162-82962-e1ddd8bead97747f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-81162-82962-e1ddd8bead97747f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-3777cc8190ef28f381e8","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"9","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":17450,"character_end":17770,"quote":"5[9. Board of Directors.⸺(1) Subject to section 9D, oversight of the affairs and functions of \r\nthe Bank shall be entrusted to the Board of Directors, which shall supervise the management and the \r\nBank’s administration, operations and have the right of access to all the activities of the Bank. \r\n \r\n(2) The Board of Di","quote_sha256":"f43ead9fa0a3a31a6afd8d9f8c7acf645b93791a6176ccad1bc9fab55fbf1911","reader_fragment":"p-15885-17648-edc2798c9fc385e2","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-15885-17648-edc2798c9fc385e2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-9-17450","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":82526,"character_end":82535,"quote":"section 9","quote_sha256":"063f116122d5538f1f3b72b9e4caad53c5fd543a6265ae9b85247765b8e4a97f","reader_fragment":"p-81162-82962-e1ddd8bead97747f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-81162-82962-e1ddd8bead97747f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":82356,"character_end":82765,"quote":" of accounting, auditing or internal controls. The audit \r\ncommittee may co-opt external experts without the right to vote. The criteria provided in sub section \r\n(5) of section 9 shall apply to the appointment of the external expert who shall not have been a member \r\nof the Board or staff in the three calendar years preceding his appointment as member of the audit \r\ncommittee. \r\n \r\n(3) The audit committee","quote_sha256":"02e6a4c232becc984327531d771813e37f0b54e1c6cffc01946498424e0e50ac","reader_fragment":"p-81162-82962-e1ddd8bead97747f","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-81162-82962-e1ddd8bead97747f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-a56104cf7725e403c56e","source":"pk-code-9b04ff50576d15fd","target":"pk-code-9b04ff50576d15fd","provision_kind":"section","provision_number":"39","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":75087,"character_end":75407,"quote":"2[39. 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Short title, extent and commencement \r\n \r\n2.  Definitions \r\n \r\nCHAPTER II \r\n \r\nEstablishment, Incorporation and Share Capital of ","quote_sha256":"ad18dbbf8cb5e2f0eaeba6726da35856e8cb903ef8f0088ce468369e5dcdcdbc","reader_fragment":"p-0-1800-98ca9ef01ac01a95","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-0-1800-98ca9ef01ac01a95","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-b8f2f94e56ac2db9aa19","source":"pk-code-9b04ff50576d15fd","title":"STATE BANK OF PAKISTAN ACT, 1956","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":3844,"character_end":3876,"quote":"STATE BANK OF PAKISTAN ACT, 1956","quote_sha256":"8fa93ebc60e7c8c46acede85dec2603c33bbe7eb7eef446dd8163719f791225d","reader_fragment":"p-3587-5386-653534503c3ffd65","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-3587-5386-653534503c3ffd65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":3674,"character_end":4106,"quote":"make regulations \r\n \r\n54A.  Provisions to override other laws \r\n \r\n54B.  Removal of difficulties \r\n \r\n55  Repeal. \r\n \r\nTHE SCHEDULE. [Omitted] \r\n \r\nPage 5 of 37 \r\n \r\nTHE STATE BANK OF PAKISTAN ACT, 1956 \r\n \r\n1ACT NO. XXXIII OF 1956 \r\n \r\n[18th April, 1956] \r\n \r\nAn Act to provide for the establishment of the State Bank of Pakistan. \r\n \r\n2[WHEREAS it is necessary to provide for the constitution of S tate Bank to achieve domestic \r\n","quote_sha256":"66a1b32491b9dbfcc16d7dbea8c8b27837d0efad81b0ea7984f828eb21a56569","reader_fragment":"p-3587-5386-653534503c3ffd65","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-3587-5386-653534503c3ffd65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-88e29ed61991b0275843","source":"pk-code-9b04ff50576d15fd","title":"State Bank of Pakistan Act, 1956","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":4614,"character_end":4648,"quote":"State Bank of \r\nPakistan Act, 1956","quote_sha256":"c936339e0065d7a80c419f267e64cbc3b6e4b174f9b9d5955ec5757b552ac149","reader_fragment":"p-3587-5386-653534503c3ffd65","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-3587-5386-653534503c3ffd65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":4444,"character_end":4878,"quote":"ctive resources;] \r\n \r\nIt is hereby enacted as follows:— \r\n \r\nCHAPTER I \r\n \r\nPRELIMINARY \r\n \r\n1.  Short title, extent and commencement.— (1) This Act may be cited as the State Bank of \r\nPakistan Act, 1956.  \r\n \r\n(2) It extends to the whole of Pakistan. \r\n \r\n(3) It shall come into force at once and except section 46, shall be deemed to have taken effect \r\non and from the twelfth day of May 1948. \r\n \r\n2. Definitions. 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Ordinance, 1980 (57 of 1980), s. 3. \r\n \r\n \r\n \r\nPage 20 of 37 \r\n \r\n1[(4A) * * * * * * *] \r\n \r\n1[(4B) * * * * * * *] \r\n \r\n1[(4C) * * * * * * *] \r\n \r\n1[(4D)","quote_sha256":"00df1610df69642fa1530d37cd3fc960380a82643de133d6cc4e612fe1ab1623","reader_fragment":"p-42284-44082-f3adf5894e726848","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-42284-44082-f3adf5894e726848","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-a120186e1e3344bedc9c","source":"pk-code-9b04ff50576d15fd","title":"State Bank of Pakistan Ordinance, 1981","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":52546,"character_end":52584,"quote":"State Bank of Pakistan Ordinance, 1981","quote_sha256":"49af97b77916fca1c97f4dd044205e218465d1aa9055995e9f243375b4dee22d","reader_fragment":"p-51194-52983-5f7d29cc5c303679","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-51194-52983-5f7d29cc5c303679","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":52376,"character_end":52814,"quote":"n, the Bank may, provided that it determined \r\nthe scheduled bank is viable in the medium term, provide such financial facility  on  such  terms  and  \r\n \r\n1Subs. by the State Bank of Pakistan Ordinance, 1981 (16 of 1981), s. 2 \r\n2Added by the State Bank of Pakistan (Amdt.) Act, 1973 (47 of 1973), s. 2 \r\n3Omitted by the State Bank of Pakistan (Amendment) Act, 2022 (VI of 2022), ss. 18-19. \r\n4Ins. and shall be deemed always to have bee","quote_sha256":"3cc7cc30c9f5e127b55ba961730b29522efdd958a045f01c24755a261c288f57","reader_fragment":"p-51194-52983-5f7d29cc5c303679","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-51194-52983-5f7d29cc5c303679","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-05917fe8a6eaf3fc6cf1","source":"pk-code-9b04ff50576d15fd","title":"Companies Act, 1913","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":73144,"character_end":73165,"quote":"Companies Act, \r\n1913","quote_sha256":"d0e16bc1864bd45154a5e86e00f62bb3ec493b048fb019f3c0fc4523f07c0a7d","reader_fragment":"p-72370-74119-d9aee0b3f3633405","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-72370-74119-d9aee0b3f3633405","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":72974,"character_end":73395,"quote":"lare any bank to be scheduled bank which is carrying on the business of \r\nbanking in Pakistan and which― \r\n \r\n(i)  is a banking company as defined in section 277F of the Companies Act, \r\n1913, or a cooperative bank, or a corporation or a company incorporated \r\nby or established under any law in force in any place in or outside \r\nPakistan ; \r\n \r\n(ii)  has a paid‑up capital and reserves of an aggregate value of not less","quote_sha256":"76cfe6d0844ef7760c092ad80eba870e77891c43143c72b197c674543db93720","reader_fragment":"p-72370-74119-d9aee0b3f3633405","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-72370-74119-d9aee0b3f3633405","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-6e423cadd91a4876f61f","source":"pk-code-9b04ff50576d15fd","title":"Evidence Act, 1872","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":83857,"character_end":83875,"quote":"Evidence Act, 1872","quote_sha256":"21b52580df9b8c572a91c8f45b3b59719b4ce09b95ef73f8f7bc90b8f94b7b34","reader_fragment":"p-82962-84735-c894f7e2690e3795","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-82962-84735-c894f7e2690e3795","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":83687,"character_end":84105,"quote":" for the appointment and \r\nremoval of the chief internal auditor.] \r\n \r\n46. The Bank and its officers to be public officers.—(1) For the purposes of section 124 of \r\nthe Evidence Act, 1872, the provisions of Part IV of the Code of Civil Procedure, 1908, and the \r\nprovisions of rule 27 of Order V, and rule 52 of Order XXI of the said Code, the Bank and any 2[person \r\nin the service] of the Bank acting in his capacit","quote_sha256":"ce4f76ab66442db87c0c8b1ac34e7a652fb240db120d672279780c8c631b5e2c","reader_fragment":"p-82962-84735-c894f7e2690e3795","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-82962-84735-c894f7e2690e3795","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-e70ff6255560f5d15bcc","source":"pk-code-9b04ff50576d15fd","title":"Wealth Tax Act, 1963","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":89954,"character_end":89974,"quote":"Wealth Tax Act, 1963","quote_sha256":"cf1a4ca00de8ad036e4440defdd332e57f58c99e4cc9092f3d29815a686cb9b3","reader_fragment":"p-88238-89984-9d8caff689b7ad72","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-88238-89984-9d8caff689b7ad72","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":89784,"character_end":90204,"quote":"r trust established by it] \r\nshall not be liable to the payment of any stamp duty under Stamp Act, 1899. \r\n \r\n2[49. Exemption from taxes. Notwithstanding anything in the Wealth Tax Act, 1963 (XV of \r\n1963), and Income Tax Ordinance, 1979 (XXXI of 1979), or any other law for the time being in force \r\nrelating to wealth tax, income tax or super tax the Bank and any subsidiary, or trust, established by it \r\nshall not be","quote_sha256":"c7fe053a3d539fd16a170ac764dfe293f929976425ed774927913571b662e945","reader_fragment":"p-88238-89984-9d8caff689b7ad72","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-88238-89984-9d8caff689b7ad72","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-aba6712324d5415e8afd","source":"pk-code-9b04ff50576d15fd","title":"Income Tax Ordinance, 1979","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":89995,"character_end":90021,"quote":"Income Tax Ordinance, 1979","quote_sha256":"be30249e9e7ace273538d66c2f10cf9ed1e18fbe74f6a08dbcf1c23b8baacd1e","reader_fragment":"p-89984-91780-356663b89f6c735a","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-89984-91780-356663b89f6c735a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":89825,"character_end":90251,"quote":" liable to the payment of any stamp duty under Stamp Act, 1899. \r\n \r\n2[49. Exemption from taxes. Notwithstanding anything in the Wealth Tax Act, 1963 (XV of \r\n1963), and Income Tax Ordinance, 1979 (XXXI of 1979), or any other law for the time being in force \r\nrelating to wealth tax, income tax or super tax the Bank and any subsidiary, or trust, established by it \r\nshall not be liable to pay wealth tax, income tax or super ","quote_sha256":"f422f3de403bf566a44eb325783a7d101f94278f9211e4adf607d2315b34335e","reader_fragment":"p-88238-89984-9d8caff689b7ad72","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-88238-89984-9d8caff689b7ad72","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-a1050024f9c5c1b03345","source":"pk-code-9b04ff50576d15fd","title":"State Bank of Pakistan Ordinance, 1955","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":96811,"character_end":96849,"quote":"State Bank of Pakistan Ordinance, 1955","quote_sha256":"5d51b182a6c78e9307eca335c36d4d828a138ea24763bf0438d7d685a94352b2","reader_fragment":"p-95311-97092-867add350bb41fec","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-95311-97092-867add350bb41fec","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":96641,"character_end":97079,"quote":"Amdt.) Ordinance, 1980 (57 of 1980), s. 8. \r\n5Ins. by the State Bank of Pakistan (Amendment) Act, 2022 (VI of 2022), s. 34. \r\n \r\nPage 37 of 37 \r\n \r\n55. Repeal. — (1) The State Bank of Pakistan Ordinance, 1955 (XVIII of 1955), is hereby \r\nrepealed. \r\n \r\n(2) Any rules or regulations made, order passed, notification issued, thing done, action taken \r\nor proceedings commenced under any of the provisions of the State Bank of Pakistan Ordin","quote_sha256":"a58fccf2d094c805f0ac76b7a01eb9c50de5698eda07888d1aea2bb009e0ac55","reader_fragment":"p-95311-97092-867add350bb41fec","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-95311-97092-867add350bb41fec","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}},{"id":"unresolved-7ac90d6be7809732f591","source":"pk-code-9b04ff50576d15fd","title":"State Bank of Pakistan Ordinance, 1955","reason":"No unique full-title and year match in this library","evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":97051,"character_end":97089,"quote":"State Bank of Pakistan Ordinance, 1955","quote_sha256":"5d51b182a6c78e9307eca335c36d4d828a138ea24763bf0438d7d685a94352b2","reader_fragment":"p-95311-97092-867add350bb41fec","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-95311-97092-867add350bb41fec","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-9b04ff50576d15fd","text_version_id":"law:pk-code-9b04ff50576d15fd:sha256:459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","text_sha256":"459f3e152f92e767fb8cb46fdf64762cea9a04d14f6cad67c47a51c16a928477","character_start":96881,"character_end":97319,"quote":"pealed. \r\n \r\n(2) Any rules or regulations made, order passed, notification issued, thing done, action taken \r\nor proceedings commenced under any of the provisions of the State Bank of Pakistan Ordinance, 1955 \r\n(XVIII of 1955), or deemed to have been so made, passed, issued, done, taken or commenced, shall \r\ncontinue in force and be deemed to have been made, or as the case may be, passed, issued, done, taken \r\nor commenced under the c","quote_sha256":"691b824cd916755aee2293e3938d67b85d10434e7ae452f62fe1859831a6abf3","reader_fragment":"p-95311-97092-867add350bb41fec","reader_url":"/laws/pk-code-9b04ff50576d15fd#p-95311-97092-867add350bb41fec","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-ap%2BbZw%3D%3D-sg-jjjjjjjjjjjjj"}}]}