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Section 17: Money raised by issue of stock

Loans Act · PART III: RAISING OF OTHER LOANS

consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

17. Money raised by issue of stock Money raised by the issue of stock shall be paid into the Capital Fund and shall be applied to defray the costs of works and other charges of a development programme. 18. — [S. 18 repealed by s. 20 of Act 17 of 2007 w.e.f. 1 July 2007.] L16 – 5 [Issue 1]

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