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Banking (Special Provisions) Act 2023 · இயற்றப்பட்டவாறு · Part I · Resolution Authority of the Central Bank

16. Valuation of assets and liabilities of a licensed bank for the purpose of resolution

அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.

(1)

In order to assess the value of the assets, liabilities or shares of a licensed bank for the purpose of resolution, the Central Bank may, at any time before the implementation of any resolution measure, direct such licensed bank to cause a prudent and realistic valuation of the assets, liabilities or shares of such licensed bank to be carried out by an independent professional valuer who shall possess such qualifications and experience as may be determined by the

Central Bank, from time to time.

(2)

Notwithstanding the provisions of subsection (1), the

Central Bank may cause a valuation of the assets, liabilities or shares of a licensed bank to be carried out through an independent professional valuer who shall possess qualifications and experience referred to in subsection (1).

(3)

Where a definitive valuation for resolution purposes is not possible due to the urgency of taking resolution measures, the Central Bank may-

(a)

direct a licensed bank to cause a provisional valuation to be carried out; or

(b)

directly undertake a provisional valuation:

Provided however, such provisional valuation shall be complemented with a final independent valuation, as soon as practicable.

(4)

The payments to be made to the valuer under subsections (1) and (2) shall be borne by the licensed bank in accordance with such terms and conditions as may be determined by the Central Bank.

(5)

The Central Bank shall have the authority to appoint and publish a list of professional valuers for the purposes of this section.

(6)

The Central Bank may issue directions, from time to time, for the purpose of giving effect to the provisions of this section.

s 17 முதல் தொடர்ந்து படிக்கவும்

Part II