Section 65 of the bofia
Webtransactions is provided under Section 23 of the Act) and to require from the OFI certain information in exercise of its supervisory duties. •The CBN also has the mandate to share … Web8 Oct 2024 · For instance, section 3(1)(d) of BOFIA mandates every promoter of a non-interest bank (Islamic bank), in addition to submitting other documentation for the application of a banking licence, to ...
Section 65 of the bofia
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WebSection 33 (1) (b) of the CBN Act 2007; Sections 23(1) 52; 55(2); 59(1)(a) ; 61 of Banks and Other Financial Institutions Act (BOFIA) 1991 (as amended) and Section 4(1)(c) of the Regulation on the Scope of Banking Activities and Ancillary Matters, No. 3, 2010. shall be read together with the provisions of It Web23 Aug 2024 · The provision of Section 65(1)(a) of the BOFIA specifically states that: “The provisions of the Federal Competition and Consumer Protection Act shall not apply to- …
Web3. Section 57 to 58 of BOFIA 2024 4. The documents listed in the BOFIA include a feasibility report, application fee, draft copy of the MEMERT of the business and other document … http://www.saflii.org/za/cases/ZAKZPHC/2011/14.html
Web21 Aug 2024 · This is expected to lead to up to 65% reduction in the associated cost payable under the regime. 8. Business rescue provisions for insolvent companies: The new Act … Web18 Nov 2024 · The discretionary powers of the CBN in matters of approval and revocation of license, minimum capital ratio requirements per time, the appointment of bank auditors, and scope of sanctioning of erring banks were also covered in the new law, culminating in the immunity from legal proceedings against the Federal Government, the CBN, or any of its …
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