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

Regulations

Regulations made under Section 17

Calls on shares referred to in section 13 of the Act

19. When calls are made

 

A call shall be deemed to have been made at the time when the resolution of the directors authorising such calls was passed, and shall be payable at such time and place and in such manner as the directors may decide upon or agree to.