Topic Serial # | Content | Case Law |
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PREAMBLE |
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0 | PREAMBLE | |
PART I |
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GENERAL |
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1 | Short title and commencement | |
2 | Definition | |
PART II |
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ORGANIZATION |
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3 | Establishment of Micro-finance Bank | |
4 | Offices, branches etc | |
5 | Objectives, functions and powers of the MfB | |
6 | Prohibition and restrictions | |
7 | MfB not a banking company | |
PART III – |
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CAPITAL AND MEMBERSHIP |
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8 | Authorized capital | |
9 | Subscription of shares | |
10 | Sale and transfer of shares | |
11 | Share register | |
12 | Meetings of the members | |
PART IV – |
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MANAGEMENT AND ADMINISTRATION |
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13 | Direction and superintendence | |
14 | Board of Directors | |
15 | Disqualification of directors | |
16 | Chairperson | |
17 | Term of office of directors | |
18 | Filling of casual vacancy | |
19 | Vacancy not to invalidate proceedings | |
20 | President | |
21 | Resignation | |
22 | Meeting of the Board | |
23 | Delegation of functions and powers | |
24 | Committee | |
25 | Allowances | |
PART V – |