Development Bank of Zambia Act
ZambiaAct of Parliament
The Development Bank of Zambia Act is an Act of the Parliament of Zambia. It contains 31 sections. Read its sections below, or ask Levy any question about the Development Bank of Zambia Act and get an answer grounded in the Act with citations.
Sections of the Development Bank of Zambia Act
- S. 1S hort title
- S. 2I nterpretati on
- S. 3E stablishment
- S. 4B oard of Directors
- S. 5Q uorum and meetings of Board
- S. 6E stablishment of committees
- S. 7E mployment of Managing Direct or
- S. 8E mployment of staff
- S. 9A uthorised capital and its divisi on of shares
- S. 10S ubscripti on and allotment of shares
- S. 11A dditional shares
- S. 12B usiness of Bank
- S. 13L imitations on activities
- S. 14(1) The funds of the Bank sh all consist of- Funds of Bank
- S. 15The funds of the Bank sh all be applied towards- Applicati on of funds
- S. 16The Bank sh all finance only those projects which are economically viable and Financing of projects
- S. 17(1) Subject to the other provisions of th is Act, the Bank may alone or in Principles f or and
- S. 18R epealed by No. 6 of 1975
- S. 19S afeguards f or investment
- S. 20I nvestment of funds
- S. 21R eserve funds and distributi on of income
- S. 22F inancial year
- S. 23A ccounts and audit
- S. 24A nnual report
- S. 25R ules
- S. ISection I
- S. IISection II
- S. IIISection III
- S. IVSection IV
- S. VSection V
- S. VISection VI