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South
Africa
NATIONAL
LEGISLATION OVERVIEWS

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 |
Legislation
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