According to Section 31-C of the National Accountability Ordinance, 1999, no court established under this Ordinance shall take notice of an offence committed by a bank or financial institution officer or employee for writing off, waiving, restructuring, or refinancing any financial facility, interest, or markup without prior authorization from which authority?

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Explanation

Section 31-C of the National Accountability Ordinance, 1999, specifies that no court under this Ordinance can proceed against bank or financial institution personnel for actions such as writing off or restructuring financial facilities without obtaining prior approval from the State Bank of Pakistan.

According to Section 31-C of the National Accountabi… — National Accountability Ordinance 1999 | PakQuizHub