The Banking Tribunals (Validation of Orders) Act, 1994
The Banking Tribunals (Validation of Orders) Act, 1994
The Banking Tribunals (Validation of Orders) Act, 1994
CONTENTS
1 Short title, extent and commencement.
2 Validation.
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The Banking Tribunals (Validation of Orders) Act, 1994
ACT No. V OF 1994
An Act to validate certain order passed by the Banking Tribunals
WHEREAS it is expedient to validate certain orders passed under the Banking Tribunals
(Amendment) Act, 1992 (IV of 1992), for the purpose hereinafter appearing;
It is hereby enacted as follows :__
1. Short title, extent and commencement.— (1) This Act may be called the Banking Tribunals
(Validation of Orders) Act, 1994.
(2) It extends to the whole of Pakistan.
(3) It shall come into force at once.
2. Validation. Notwithstanding any order or decision of any court, any order or judgement
passed, decision or proceeding taken or recover ies made by the Banking Tribunal under the Banking
Tribunals (Amendment) Act, 1992,(IV of 1992), or any appointment made or notification issued
thereunder, at any time before the commencement of this Act, and purporting to be in exercise of the
authority conferred on the Banking Tribunal under the said Act shall be deemed to have been validly
made, passed or taken and shall have, and shall be deemed always to have had, affect accordingly.
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