Section 5, African Development Bank Act, 1983 [S1S-BKY]

As at 7 September 2026. In force from 12 February 1984 by S.O. 3598(E) [N12-27D].

In African Development Bank Act, 1983 [A10-VR1]. This text from 12 February 1984. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 5, African Development Bank Act, 1983 [S1S-BKY]. Machine: S1S-BKY.

5. Prohibition of the enforcement of security interest without licence.—No person shall undertake the enforcement of security interest except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the enforcement of security interest undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 31, African Development Bank Act, 1983 [S1S-CDV], 9 March 1983, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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