Chapter- 1 Preliminary

Section 1: Short Title, Extension and Commencement

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1) This Act may be called the “Banks and Financial Institutions Act, 2073 .”

2) This Act shall extend to the whole territory of the state of Nepal and also enforce to a branch or liaison office opened outside of Nepal by a bank and financial institution incorporated in Nepal.

3) This Act shall come into force at once.

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Section 1: Short Title, Extension and Commencement

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