Section 49: Indemnity insurance

Banking Act · PART VI: RESPONSIBILITIES OF DIRECTORS AND OTHER OFFICERS OF FINANCIAL INSTITUTIONS

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

49. Indemnity insurance The central bank may require any financial institution to provide protection and indemnity against burglary, defalcation and other similar insurable losses. PART VII – ELECTRONIC BANKING