ln_2017_355

Malta Development Bank Supervisory Board

3 Articles / Provisions · Malta

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Statutory Text (3 Articles)

Malta Government Gazette — Legal Notice 2017 355 · Gazzetta tal-Gvern ta’ Malta Nru. 19,918 – 12.12.2017 — Malta Development Bank Supervisory Board

L.N. 355 of 2017

MALTA DEVELOPMENT BANK ACT

(CAP. 574)

Malta Development Bank Supervisory Board

(Amendment) Regulations, 2017

IN exercise of the powers conferred by article 41(2) of the Malta

Development Bank Act, the Minister for Finance has made the

following regulations:-

Malta Government Gazette — Legal Notice 2017 355 · Gazzetta tal-Gvern ta’ Malta Nru. 19,918 – 12.12.2017 — Malta Development Bank Supervisory Board

The title of these regulations is the Malta Development

Bank Supervisory Board (Amendment) Regulations, 2017 and these

regulations shall be read and construed as one with the Malta

Development Bank Supervisory Board Regulations (set out in the

Second Schedule to the Malta Development Bank Act), hereinafter

referred to as "the principal regulations".

Malta Government Gazette — Legal Notice 2017 355 · Gazzetta tal-Gvern ta’ Malta Nru. 19,918 – 12.12.2017 — Malta Development Bank Supervisory Board

Sub-regulation (1) of regulation 5 of the principal

regulations shall be substituted with the following

"(1)

The Chairperson of the Board shall be appointed by

the Minister from amongst the independent professionals after

consultation with the Opposition.".

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