Land and Agricultural Development Bank Act, 2002 (Act No. 15 of 2002)

Part II : Management of Bank

Purchase

(1)	The Board must—

(a)	direct and control the operations and business of the Bank;

(b)	implement the policies laid down in this Act;

(c)	develop strategies for the efficient management of the Bank; and

(d)	develop a code of good practice.

(2)	In carrying out its functions, the Board must exercise utmost care and act in the best interests of and for the benefit of the Bank.

(3)	The Board has all the powers necessary to carry out its functions in terms of this Act.