Banking Regulations
Table of Contents
Part I PRELIMINARY
1 Citation
2 Definitions
Part II CONTROL OF DEPOSIT-TAKING ACTIVITIES
3 Exemption from section 4A(1) of Act
3A Exemption from section 4A(1) and (2) of Act
4 Application of section 4A(2) of Act
4A Prescribed deposit
5 Application of section 4B(6)(e) of Act
5A Prescribed international financial institution
6 Additional disclosure requirements for exemption under regulation 5
Part IIA MINIMUM CAPITAL REQUIREMENTS
6A Minimum capital requirements for wholesale banks
Part ?? EXCLUSION OF LIMITS ON EQUITY INVESTMENTS
6B Exclusion from operation of section 31 of Act for stabilising action during offer
Part III EXCLUSION OF CERTAIN PRIVATE EQUITY AND VENTURE CAPITAL INVESTMENTS
7 Exclusion of certain companies from operation of section 32 of Act
Part IV PROPERTY SECTOR EXPOSURE
8 Property sector exposure limit
9 Submission of returns
Part V APPLICATION OF SECRECY PROVISIONS TO MERCHANT BANKS
10 Application of section 47 of, and Third Schedule to, Act to merchant banks
Part VI EXCLUSION OF NON-BENEFICIAL INTERESTS IN OR RIGHTS OVER IMMOVABLE PROPERTY
11 Exclusion of non-beneficial interests in or rights over immovable property from section 33 of Act
Part VII COMPUTATION OF MAJOR STAKES
12 Meaning of "affiliated entity"
13 Holding by affiliated entity deemed to be holding by bank
14 Affiliated entity over which the bank has no effective control
Part VIII LIMITATION OF MUTUAL SHAREHOLDINGS
15 Definitions of this Part
16 Limitation of mutual shareholdings
17 Qualified major stake company over which the bank has no effective control
18 Offences, penalties and defences
19 Grace period for mutual shareholdings
Part IX PRESCRIBED BUSINESSES
20 Definitions of this Part
21 Prescribed property-related businesses
22 Prescribed alternative financing business
23 Prescribed purchase and sale business
23A Prescribed inter-bank purchase and sale business
23B Prescribed leasing business
23C Prescribed joint purchase and periodic sale business
23D Prescribed purchase and sale business at spot price
Part X EXPOSURES AND CREDIT FACILITIES
24 Prescribed persons
Part XI TRANSFER OF BUSINESS AND SHARES AND RESTRUCTURING OF BANK
25 Particulars to be published
26 Information to be specified in certificate of transfer of business
27 Information to be specified in certificate of transfer of shares
28 Information to be specified in certificate of restructuring
Part XII DEPOSIT LIABILITIES OF BANK
29 Liabilities which are included in deposit liabilities of bank
30 Liabilities which are not included in deposit liabilities of bank
Part XIII compoundable offences
31 Compoundable offences
FIRST SCHEDULE Quarterly Reporting For Section 35, Banking Act
SECOND SCHEDULE Secrecy Provisions Applicable to Merchant Banks
THIRD SCHEDULE Exceptions to Secrecy Obligation of Merchant Banks
Legislative History