Section 65: Competition.

(1) The provisions of the Federal Competition and Consumer Protection Act shall not apply to-
(Act No. 1. 2018.)
(a) any function, act, financial product, or financial services issued or undertaking, and transaction howsoever described by a bank or other financial institutions licensed by the Bank; and
(b) the Bank, the Governor, or other executive officer or staff of the Bank.
(2) Notwithstanding anything to the contrary in this Act but subject to subsection (3) of this section, sections 92 (1), (2) and (3), 94 and 98 of the Federal Competition and Consumer Protection Act shall apply to a merger, acquisition or other form of business combination which involves a bank, specialised bank or other financial institution.
(Act No. 1. 2018.)
(3) All references to the Federal Competition and Consumer Protection Commission in sections 92 (1), (2) and (3), 94 and 98 of the Federal Competition and Consumer Protection Act, shall be deemed and construed as a reference to the Bank.
(Act No. 1. 2018.)
(4) Notwithstanding anything to the contrary in this section, the Governor may prescribe additional or other rules and procedures for mergers, acquisitions and other business combinations involving banks, specialised banks and other financial institutions.