Development Finance Institutions Act, 2020 🇬🇭

Ghana

Republic of Ghana

The one thousand and thirty-second

Act

of the parliament of the republic of ghana

entitled

Development Finance Institutions Act, 2020

Published by Government Gazette on 27 October 2020
Assented to on 27 October 2020
Commenced on 27 October 2020

AN ACT to provide for the licensing, regulation and supervision of development finance institutions in the country, to promote growth and development in key sectors of the economy and for related matters.Passed by Parliament and assented to by the President

Preliminary Provisions

1. Application of this Act

This Act applies to(a)development finance institutions licensed under this Act; and(b)any other institution designated as a development finance institution by the Bank of Ghana by notice and published in the Gazette.

(2)Despite subsection (1), this Act does not apply to a development finance institution governed by a multilateral treaty or under sovereign bilateral agreements operating in the country.

2. Application of enactments

(1)This …

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