FEDERAL SAVINGS BANK ACT

Section 18: Repeal and saving of existing offices

1972Section 18 of 23Federal Republic of Nigeria

(1) The Savings Bank Act is hereby repealed.
[Cap. 188 of the L.F.N. 1958 Edition.]
(2) The Savings Bank established by the Savings Bank Act and all offices thereof subsisting at the time when this Act comes into operation shall be deemed to have been constituted and established under the provisions of this Act.

Cite this section

Section 18, FEDERAL SAVINGS BANK ACT (1972).

https://repo.podus.ai/laws/federal-savings-bank-act/section/18/