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Section 60: Deposit insurance

Bank of Mauritius Act · PART XI: MISCELLANEOUS

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

60. Deposit insurance The Bank may— (a) advance funds to the deposit insurance scheme established pursuant to section 93 of the Banking Act, on such repayment terms and conditions as it deems fit for the administration of the scheme; and (b) where the entity responsible for the administration of the deposit insurance scheme is a company, purchase share capital of that entity.

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