Chapter-14 Miscellaneous

Section 126: Study Committee or Sub-committee may be formed

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1) The Rastra Bank may, in order to carry out an overall study on banking and financial laws, credit recovery, stability of the financial sector, judicial development, and contemporary reforms on the financial system and to submit the report, form an expert study committee comprising representative of the Rastra Bank, bank or financial institutions and concerned agencies and experts.

2) The Rastra Bank may form sub-committees as may be necessary for the purpose of sub-section (1).

3) The functions, duties and powers of and facilities of the Study Committee as referred to in sub-section (1) or of the sub-committee as referred to in sub-section (2) shall be as specified by the Rastra Bank.

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Section 126: Study Committee or Sub-committee may be formed

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