Co-operative Banks Act, 2007 (Act No. 40 of 2007)

Chapter IX : Co-Operative Banks Development Agency

Part 1 : Establishment, legal status, functions and powers of Agency

54. Establishment and legal status
Purchase cart Previous page Return to chapter overview Next page

 

(1)The Co-operative Banks Development Agency is hereby established, and—
(a)is a juristic person; and
(b)must exercise its functions in accordance with this Act and any other relevant law.

 

(2)The Agency is subject to the Public Finance Management Act.