| (1) |
The Minister may, after consultation with the Board, prescribe the conditions under which the Bank may offer financial services to the public, including but not limited to conditions relating to— |
| (a) |
any security or collateral; or |
| (b) |
the maintenance, repair and improvements of security or collateral; |
| (c) |
insurance of security or collateral; |
| (d) |
interest on advances or other debts; |
| (e) |
repayment of advances or other debts; and |
| (f) |
the Bank's powers of inspection, |
and thereafter those conditions must be included in any agreement entered into by the Bank for the provision of agricultural financial services.
| (2) |
In the event of the Minister amending any condition made in terms of this section, that amendment must only be included in an agreement entered into by the Bank after the date of promulgation of that amendment. |
Supreme Court Act, 1959
