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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

 

(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.