Microfinance Act

27. Disclosures in financial statements

Edition: 2024-12-27 · In force

The financial statements of an institution shall disclose—

(a)the persons, if any, who hold more than twenty-five per cent of the total shares of the institution;

(b)any advance or credit facility exceeding such limit of its core capital as may be prescribed by the Central Bank; and

(c)any lending to insiders.