Section 9: Minimum Paid-up Share Capital of Banks and Compliance with the Minimum Paid-up Share Capital Requirement.

(1) The Bank shall determine the minimum paid-up share capital requirement of each category of banks licensed under this Act which shall be complied with by each bank within the time prescribed by the Bank.
(2) Failure to comply with the provisions of subsection (1) within such period as may be determined by the Bank, is a ground for the revocation of any licence issued under this Act or any other Act repealed by it.