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Laws of Kiribati

Development Bank of Kiribati (Amendment) Act 1992 (No. 4 of 1992)

Made 1992-10-14 · Text as of 2026-10-01

Public law and official guidance, published as research. Not legal, tax or financial advice.

About this law

Language
English
Kind
Act
Organisation
European Union
Country
Kiribati
Subjects
Agricultural and rural development
Keywords
agricultural development, institution, credit, governance

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Text

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  1. 1 — This Act may be cited as the Development Bank of Kiribati (Amendment) Act 1992

    1. This Act may be cited as the Development Bank of Kiribati (Amendment) Act 1992. Amendment of Section 6

  2. 2 — Subsection (a) of Section 6 is amended by adding the following paragraph after subsection

    2. Subsection (a) of Section 6 is amended by adding the following paragraph after subsection a(ii). "(iii) for any other purpose approved by the Board". Amendment of section 11

  3. 3 — Section 11 is amended by repealing subsection (2)

    3. Section 11 is amended by repealing subsection (2). ----------------------------------------- DEVELOPMENT BANK OF KIRIBATI (AMENDMENT) ACT 1992 EXPLANATORY MEMORANDUM The purpose of this Act is to amend the Development Bank of Kiribati Act No.2 of 1986 to increase the functions of the bank and to give the Board a discretion in granting loans for various purposes for the benefit of the people. Raion Batoroma MP © 1998 University of the South Pacific

Development Bank of Kiribati (Amendment) Act 1992 (No. 4 of 1992) · Nelum