National Development Bank Act 2007 (No. 5 of 2007). Country/Territory Papua New Guinea Document type Legislation Date 2007 Source FAO, FAOLEX Long titleBeing an Act to provide for the establishment of the National Development Bank and to define its powers and functions, and for related purposes. Subject Agricultural & rural development, Land & soil Keyword Agricultural development Institution Special fund Credit Cadastre/land registration Geographical area Asia and the Pacific, Melanesia, Oceania, Small Island Developing States, South Pacific Abstract This Act provides for the incorporation of the National Development Bank and defines functions and powers of the Bank. The Act also establishes the National Development Bank Board, which shall manage and administer the Bank's operations. The Act also deals with the registration of land that belonged to the previous Development Bank but is now vested in the Bank established under this Act. Full text English Website www.pnglaw.gov.pg References - Legislation Repeals Rural Development Bank Act 1965. Legislation | Papua New Guinea | 1965 (2006) Keyword: Agricultural development, Institution, Special fund, Credit Source: FAO, FAOLEX