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Local
Authorities Loans Fund Amendment Act, No. 25 of 1995
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EXPLANATION OF MARKS: [Bold text in square brackets] is text marked by this Act for deletion from existing enactments[Underlined text in square brackets] is text marked by this Act for insertion into existing enactments [Grey text in square brackets] is text containing LegalB’s references or comments Grey text outside of square brackets is text that has to be verified Two asterisks thus ** indicates text must only be read in the light of our commentary on this legislation 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. ________ [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-".
________[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. ________ [Act 1995_025_002 unamended wef ... date/s available on subscrition copy] |
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