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Section 26: Purchase and sale of shares.

The National Bank for Agriculture and Rural Development Act, 1981Central Act · Act 61 of 1981

[26. Purchase and sale of shares.-- The National Bank may subscribe to, or purchase or sell stocks, shares, bonds or debentures of, or invest in the securities of, any institution or class of institutions concerned with agriculture and rural development which the Board may approve subject to such terms and conditions as it may deem fit.]

Where this provision sits

ActThe National Bank for Agriculture and Rural Development Act, 1981
Section26
Marginal notePurchase and sale of shares.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. . Subs. by s. 13, ibid., for section 26 (w.e.f. 1-2-2001).

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