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2026-03-26 to present
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after June 30, 2026.2033.
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after June 30, 2033.
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2024-06-20 to 2026-03-26
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after June 30, 2025.2026.
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after June 30, 2026.
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2021-06-29 to 2024-06-20
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after theJune fifth30, anniversary of the day on which the Budget Implementation Act, 2018, No. 1 receives royal assent.2025.
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after June 30, 2025.
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2018-06-21 to 2021-06-29
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after Marchthe 29,fifth 2019.anniversary of the day on which the Budget Implementation Act, 2018, No. 1 receives royal assent.
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after the fifth anniversary of the day on which the Budget Implementation Act, 2018, No. 1 receives royal assent.
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2016-06-22 to 2018-06-21
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after theMarch day29, that is the fifth anniversary of the day on which this section comes into force.2019.
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after March 29, 2019.
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2012-03-29 to 2016-06-22
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Subject to subsections (2) and (3),(4), bank holding companies shall not carry on business after the day that is the fifth anniversary of the day on which this section comes into force.
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Subject to subsections (2) and (4), bank holding companies shall not carry on business after the day that is the fifth anniversary of the day on which this section comes into force.
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2007-04-20 to 2012-03-29
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Subject to subsectionsubsections (2),(2) and (3), bank holding companies shall not carry on business after April 24, 2007, except that if Parliament dissolves on that day or at any time within the three-month period before that day, bank holding companies may continue to carry on business until the day that is one hundred and eighty days after the firstfifth dayanniversary of the firstday sessionon ofwhich thethis nextsection Parliament.comes into force.
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Subject to subsections (2) and (3), bank holding companies shall not carry on business after the day that is the fifth anniversary of the day on which this section comes into force.
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2006-06-22 to 2007-04-20
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Subject to subsection (2), bank holding companies shall not carry on business after theApril day24, that is five years after this section comes into force,2007, except that if Parliament dissolves on that day or at any time within the three-month period before that day, bank holding companies may continue to carry on business until the day that is one hundred and eighty days after the first day of the first session of the next Parliament.
Full text
Subject to subsection (2), bank holding companies shall not carry on business after April 24, 2007, except that if Parliament dissolves on that day or at any time within the three-month period before that day, bank holding companies may continue to carry on business until the day that is one hundred and eighty days after the first day of the first session of the next Parliament.
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2003-01-01 to 2006-06-22
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Subject to subsection (2), bank holding companies shall not carry on business after the day that is five years after this section comes into force, except that if Parliament dissolves on that day or at any time within the three-month period before that day, bank holding companies may continue to carry on business until the day that is one hundred and eighty days after the first day of the first session of the next Parliament.