Development Bank of Kiribati Act 1986 (No. 2 of 1986).
Country
Type of law
Legislation
Abstract
This Act establishes a Development Bank of Kiribati as a body corporate, defines its functions and powers and its internal organization. The Bank shall: (a) provide finance by making loans to any person for purposes of primary production or for the establishment, development or acquisition of industrial or commercial undertaking; and (b) provide advice and assistance with a view to promoting the efficient organisation and conduct of primary production or of industrial or commercial undertakings. The Bank shall be managed by the Development Bank of Kiribati Board. The Act also specifies conditions for the granting of loans by the Bank.
Attached files
Web site
Long title of text
An Act to establish the Development Bank of Kiribati: and for connected purposes.
Date of text
Repealed
No
Source language
English
Legislation Amendment
No
Amended by