Section 61: Application of Chapter A of this Act to Specialised Banks and Other Financial Institutions.

(1) Without prejudice to the provisions of this Part, the provisions of Chapter A of this Act, including all its offences, penalties and the powers of the Bank shall apply with such necessary modifications to specialised banks and other financial institutions.
(2) No person or authority other than the Bank shall, as from the coming into effect of this section, exercise any regulatory or supervisory authority over specialised banks and other financial institutions.
(3) The Governor shall appoint such expert or experts on non-interest banking or to constitute a panel of such experts to advise the Bank on matters of non-interest banking, as the Governor may determine.
(4) The cost and expenses of the Bank or the remuneration of the person so appointed pursuant to subsection (3) shall be payable from the fund and property of the specialised bank or other financial institution concerned.