Section 127: Oath of Office

1) The director, official, Chief Executive or employee of a bank or financial institution shall, prior to assuming the duties of his or her office, take an oath of office and secrecy according to the format as referred to in the Annex.

2) The oath referred to in sub-section (1) shall be administered by the Rastra Bank to the Chairperson, by the Chairperson to other Directors and Chief Executive and by the Chief Executive or official designated by him/her to other officials and employees.