Housing Development Agency Act, 2008
R 385
Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)RegulationsRegulations made under Section 17Calls on shares referred to in section 13 of the Act22. Lien of shares |
The Bank shall have a lien on every share for all moneys (whether presently payable or not) called or payable at a fixed time in respect of such share, or for all moneys presently payable in respect thereof to the Bank; but the directors may at any time declare any share to be wholly or in part exempt from the provisions of this regulation. The Bank's lien, if any, on a share shall extend to all dividends payable thereon.
