Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)RegulationsRegulations made under Section 17Forfeiture of shares28. If notice not compiled with, shares may be forfeited |
If the requirements of any such notice as aforesaid are not complied with, any share in respect of which the notice has been given may at any time thereafter, before the payment required by the notice has been made, be forfeited by a resolution of the directors to that affect.