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Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)

Regulations

Regulations made under Section 17

Proceedings of directors at meetings

111. Directors' fee and expenses

 

The directors shall be paid directors' fees, which may include consultancy fees, to be approved at a general meeting for attending meetings of the Board and the Bank and shall be paid all their travelling and other expense properly and necessarily expended by them in and about the business of the Bank.