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Section 133
Power to make regulations and procedures
(1) In order to conduct the institutional, administrative and commercial business of a bank or financial institution in an orderly manner subject to the conditions, limits and standards set by the National Bank under this Act or this Act, the Board of Directors may, with the approval of the National Bank, make regulations on the following matters:- (a) Employees In relation to appointment, promotion, transfer, dismissal, salary, allowance, gratuity, pension, leave, conduct, discipline and conditions of service and formation of such service, d) In relation to other matters specified by the National Bank from time to time. (2) Apart from the matters mentioned in sub-section (1), the bank or financial institution may make procedures according to the requirements of the following matters: - (a) Regarding the procedure of the meeting of the board of directors and the general assembly, (b) Directors In relation to delegating authority to the director, executive head, officer or employee of the committee, (c) in relation to the terms of the contract made by the bank or financial institution, (d) in relation to the procedure for using the stamp of the bank or financial institution, (e) in relation to the security or auction of the mortgage held during the granting of the loan. In relation to the valuation of non-banking assets to be sold, (f) In relation to other actions to be taken by banks or financial institutions in accordance with this Act, (g) In relation to document laundering, (g) In relation to other matters specified by the National Bank from time to time.