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Section 35

Annual funding

of Development Financial Institutions Act 2002

ActIn forceProvision 48 of 248
Section 35
(1)

A prescribed institution shall, for each financial year, submit to the Bank, within such period and in such form as the Bank may specify, an annual funding requirement as may be approved by the

Minister.

(2)

(Deleted by Act A1502).

(3)

(Deleted by Act A1502).

(4)

Notwithstanding subsection (1), a prescribed institution shall submit to the Bank any additional funding requirement for its own

Development Financial Institutions 63

account, an existing trust fund or a new trust fund as may be approved by the Minister.

(5)

(Deleted by Act A1502).

(6)

(Deleted by Act A1502).