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 DOCREF: 1995_025_000_19950721_16551_0361_1057
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South Africa
NATIONAL LEGISLATION TEXTS
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Local Authorities Loans Fund Amendment Act, No. 25 of 1995

Version : As unamended with effect from ...
[Date/s available on subscription copy - please contact us]
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ACT

Long title

To amend the Local Authorities Loans Fund Act, 1984, so as to authorise the Local Authorities Loans Fund Board to obtain banking services from commercial clearing banks; and to provide for matters connected therewith.
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[Act 1995_025_000 Long title unamended wef ... date/s available on subscrition copy]

1. Amendment of section 3 of Act 67 of 1984

Section 3 of the Local Authorities Loans Fund Act, 1984, is hereby amended by the substitution in subsection (1) for the words preceding paragraph (a) of the following words:

"There shall be maintained at [ the South African Reserve Bank] [any bank as defined in section 1 of the Banks Act, 1990 (Act No. 94 of 1990), which has been admitted to a clearing house] , an account in the name of the fund-".
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[Act 1995_025_001 unamended wef ... date/s available on subscrition copy]

2. Short title

This Act shall be called the Local Authorities Loans Fund Amendment Act, 1995.
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[Act 1995_025_002 unamended wef ... date/s available on subscrition copy]