Act 1997
Law No. (2) of 1997 on the Palestine Monetary Authority (قانون رقم (2) لسنة 1997م بشأن سلطة النقد الفلسطينية)
Plain-English summary
Sets up the Palestine Monetary Authority and gives it the objectives of sound banking, monetary stability and economic growth, with functions covering licensing, supervising and sanctioning banks. Art. 5 was amended by Decree-Law No. 43 of 2021 and Art. 15 by Law No. 18 of 2004. Text read on the An-Najah University Maqam legal database, not the Gazette.
Who it applies to
Banking
Topics
Prudential & Capital
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