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South Africa
NATIONAL LEGISLATION OVERVIEWS
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Development Bank of Southern Africa Act, No. 13 of 1997

Long title


To provide for the continued existence, and reconstitution of the juristic person known as the Development Bank of Southern Africa as a development finance institution with the primary purpose to promote economic development and growth, human resource development and institutional capacity building by mobilising financial and other resources from the national or international private and public sectors for sustainable development projects and programmes; and to provide for matters connected therewith.

Table of contents

SECTION TITLE
PREAMBLE
1. Interpretation
2. Continued existence as juristic person of Development Bank of Southern Africa Limited
3. Objects of Bank
4. Powers of Bank
5. Management of affairs of Bank
6. Shareholder meetings
7. Board of directors
8. Disqualification of directors
9. Tenure and conditions of office of directors
10. Committees of board
11. Meetings
12. Chief executive officer
13. Share capital
14. Expenditure
15. Dividends
16. Accounts and audit
17. Regulations
18. Transitional arrangements
19. Winding up of Bank
20. Use of name of Bank
21. Application to Bank of Companies Act, 1973, and Banks Act, 1990
22. Short title
 

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