Files
| Attachment | Size |
|---|---|
| a21-98.pdf | 83.07 KB |
21 of 1998
The Land Bank Amendment Act 21 of 1998 intends:
- to amend the Land Bank Act, 1944 [repealed in June 2002], so as
- to delete and insert certain definitions;
- to regulate the business of the bank;
- to provide for the restructuring of the board and removal from office of the members of the board;
- to provide for meetings of the board;
- to provide further for the remuneration of members of the board;
- to provide anew for appointment of staff;
- to provide for financial assistance to farmers so as to authorise the bank to lend money to financial intermediaries;
- to provide for the advancement of monies to joint ventures, partnerships and institutions;
- to provide for the provision of alternative security;
- to provide for the advancement of loans to companies involved in agriculture;
- to repeal certain sections of the Agricultural Credit Act, 1966 (Act No. 28 of 1966); and
- to provide for matters connected therewith.
Amends
General Law Amendment Act 62 of 1973
Commencement
19 June 1998
