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Guarantee of Loans (Small Businesses) Act, 1998 (Cap. 345).

País/Territorio
Bahamas
Tipo de documento
Legislación
Fecha
1998
Fuente
FAO, FAOLEX
Título completo
An Act to provide for the guarantee by the Government of the Commonwealth of The Bahamas of loans by financial institutions to small business and for purposes connected thereto.
Materia
Agricultura y desarrollo rural
Palabra clave
Desarrollo agrícola Crédito Fondo especial
Área geográphica
Americas, Caribe, América Latina y el Caribe, Atlántico Norte, Pequeños estados insulares en desarrollo
Resumen

This Act grants power to the Government to provide guarantee to approved lenders for loans extended to small businesses and in particular to enterprises in the fisheries, forestry, horticulture and livestock sector. Lending institutions shall be approved by the Minister under this Act and such approved lender shall apply for a guarantee with the Minister in the prescribed form. The Act sets out duties and rights of a lender and conditions of a guaranteed loan. The Minister shall establish a Loan Guarantee Fund for purposes of this Act.

Texto completo
Inglés
Página web
laws.bahamas.gov.bs