Law library · Sierra Leone · THE BANK OF SIERRA LEONE ACT 2019
Section 58, THE BANK OF SIERRA LEONE ACT 2019
Status not yet checkedTHE BANK OF SIERRA LEONE ACT 2019, Sierra Leone
(1) The Bank may - (a) make adequately secured loans to, or have
an ownership share or otherwise participate
in, any organisation that is engaged in
activities that are required or useful for the
proper discharge of the functions and
responsibilities of the Bank;
(b) acquire, in the course of satisfaction of debts
due to it, any interests or rights referred to in
this Act but all the interests or rights so
acquired shall be disposed of at the earliest
suitable opportunity; and
(c) establish staff retirement funds or similar
arrangements for the benefit or protection of
its staff.
(2) An activity referred to in this section shall be
published by the Bank in the report referred to in paragraph (b) of
subsection (1) of section 27.
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