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Rural Development Bank Act 1965.

Country/Territory
Papua New Guinea
Document type
Legislation
Date
1965 (2006)
Source
FAO, FAOLEX
Original source
Papua New Guinea Consolidated Legislation 2006.
Long title
Being an Act relating to matters connected with the operations of the successor company to the Rural Development Bank.
Subject
Agricultural & rural development
Keyword
Agricultural development Institution Special fund Credit
Geographical area
Asia and the Pacific, Melanesia, Oceania, Small Island Developing States, South Pacific
Abstract

This Act provides for the granting of some rural development loans, the transfer of undertaking of the Rural Development Bank to a company or companies incorporated under the Companies Act nominated by the Minister and various matters of miscellaneous character. Loans provided are: Ex-Servicemen's Credit Loans in the sense of the Ex-servicemen's Credit Act 1958; Native Loans Fund Loans in the sense of the Papua and New Guinea Development Bank (Native Loans Fund) Act 1969; and further loans by the agricultural bank for the development of agricultural enterprises. The Act provides for various matters relative to loans such as conditions for granting loans, repayment, interests, etc.

Full text
English
Website
www.paclii.org

References - Legislation

Implemented by

Rural Development Bank Regulation 1967.

Legislation | Papua New Guinea | 1967 (2006)

Keyword: Agricultural development, Credit

Source: FAO, FAOLEX

Repealed by

National Development Bank Act 2007 (No. 5 of 2007).

Legislation | Papua New Guinea | 2007

Keyword: Agricultural development, Institution, Special fund, Credit, Cadastre/land registration

Source: FAO, FAOLEX