National Development Bank Act 2007 (No. 5 of 2007).
Being an Act to provide for the establishment of the National Development Bank and to define its powers and functions, and for related purposes.
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LEX-FAOC110058
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14
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This Act provides for the incorporation of the National Development Bank and defines functions and powers of the Bank. The Act also establishes the National Development Bank Board, which shall manage and administer the Bank's operations. The Act also deals with the registration of land that belonged to the previous Development Bank but is now vested in the Bank established under this Act.
Repeals: Rural Development Bank Act 1965. (2006)
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