Land Bank Act. Country/Territory South Africa Document type Legislation Date 1994 (1998) Source FAO, FAOLEX Original source Official publication, pp. 774-860. Long titleAn Act to consolidate the laws in force in the Republic relating to the Land and Agricultural Bank of South Africa. Subject Land & soil, Water Keyword Agricultural development Credit Special fund Institution Waterworks Geographical area Africa, South Atlantic, Southern Africa Abstract "Bank" means the bank established under section 3 of the Land Bank Act, 1912. The Land and Agricultural Bank is a body corporate and shall be controlled by a Board of Directors appointed by the Minister (sects. 3 and 4). The Board may appoint executive committees under section 7 or advisory committees under section 8. Business of the Bank shall be to advance money to farmers on mortgage or other security and to advance money to other owners for waterworks and other constructions. Money may also be lent to partnerships and joint ventures and the bank may invest in enterprises (sect. 21). Section 34 makes provision for borrowing of farmers for ongoing farming operations. Section 47 concerns money lending to agricultural unions and similar bodies. (75 sections completed by 4 Schedules) Full text English References - Legislation Repealed by Land and Agricultural Development Bank Act, 2002 (No. 15 of 2002). Legislation | South Africa Keyword: Agricultural development, Credit, Special fund, Institution, Waterworks Source: FAO, FAOLEX Extension of Security of Tenure Act, 1997 (No. 62 of 1997). Legislation | South Africa Keyword: Land reform, Land tenure, Dispute settlement, Legal proceedings/administrative proceedings, Right of use Source: FAO, FAOLEX