GOVERNMENT GAZE'I.I'E
OF THE

REPUBLIC OF NAMIBIA
WINDHOEK -

R 0.30

16 October 1990

No. 91

CONTENTS
GOVERNMENT NOTICE
No. 61

Page

Bank of Namibia Act, 1990: Entrusting powers, duties or functions relating
to the supervision and inspection of Building Societies to the Bank of
Namibia ................................................................................................................. .

Government Notice
MINISTRY OF FINANCE
No. 61

1990

BANK OF NAMIBIA ACT, 1990:
ENTRUSTING POWERS, DUTIES OR FUNCTIONS
RELATING TO THE SUPERVISION AND INSPECTION
OF BUILDING SOCIETIES TO THE BANK OF NAMIBIA
Under section 36(2) of the Bank of Namibia Act, 1990 (Act 8 of 1990), I
hereby entrust to the Bank of Namibia the powers, duties or functions
conferred upon or assigned to the registrar of building societies by the
following sections of the Building Societies Act, 1986 (Act 2 of 1986):
Sections 13; 32(1 ); 33(9), (1 0) and ( 12); 48; 50 (except subsection
(6) thereof); 51(2); 73 and 77 of the Building Societies Act, 1986.

0. HERRIGEL
MINISTER OF FINANCE

Windhoek, 4 October 1990.