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Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)

Regulations

Regulations made under Section 17

Powers of directors

116. Power to have securities quoted

 

The directors may take all steps which may be necessary in order to enable the shares, debentures and other securities of the Bank to be introduced into and dealt in any country, dominion, colony or state, and to procure the same to be recognised by and specially quoted upon any stock exchange or bourse in any country, dominion, colony or state and may accept responsibility for and pay and discharge all taxes, duties, fees, expenses, or other sums which may be payable in relation to any of the matters aforesaid, and may subscribe and comply with the laws of any such country, dominion, colony or state, and the rules and regulations of any such exchange or bourse.