Financial Institutions (Application of Act) Regulations 2010 — CBS — SC

[1st March 2010] Supplement to Official Gazette 51 S.I. 22 of2010 FINANCIAL INSTITUTIONS ACT, 2004 (Act 14 of 2004) Financial Institutions (Application of Act) Regulations, 2010 . In exercise of the powers conferred by section 71 of the Financial Institutwns Act, 2004, as amended by Act 11 of 2009, the Central Bank of Seychelles, in consultation with the Minister of Finance, makes the following Regulations1. These Regulations may be cited as the Financial 'citation Institutions(ApplicationofAct)Regulations,2010.
2. The provisionsof the financial InstitutionsAct, 2004,
specified in Schedulehereto shall apply to the Development Bank of Seychelles and the Housing Finance Company Limitedwitheffectfrom1stFebruary,2010.
SCHEDULE
Provisions of Financial Institutions Act, 2004 applyingfto the Development Bank of Seychelles and the Housing Finance Company LimitedSections 27 to 32 inclusive Sections 34 to 37 inclusive
Section 38(1) and (2)inclusive
Sections 39t041(1) inclusive
Sections 42 to 47 inclusive
Section 49
Sections 51 to 56 inclusive
Section 63(1)(f) to (j) inclusive
Application of
Act to certain bodies

52 - .Supplement to. Official Gazette [1st March 2010] Sectioh 63(2)(b)
Section 63 (2)(d) ,
Section 63(2)( e)
Section 63(3)( a) to (c) inclusive
MADE this 1,9thday ofFebruary, 2010.
PIERRE LAPORTE
GOVERNOR
CENTRAL BANK OF SEYCHELLES
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Issued under

Act No. 14 of 2004Not in RegAlert
“In exercise of the powers conferred by section 71 of the Financial Institutions Act, 2004, as amended by Act 11 of 2009”