This Act makes provision for the establishment of The Bahamas Development Bank as a body corporate, defines its functions and powers and internal organization and establishes the Small Business Advisory Committee. Principal functions of Bank are: (a) to promote industrial, agricultural and commercial development in The Bahamas through the financing of, or the investing in, approved enterprises; (b) to encourage the participation in approved enterprises by citizens of The Bahamas; and (c) generally to promote and enhance the economic development of The Bahamas. "Agriculture" includes fisheries, forestry, horticulture, and use of land for any purpose of husbandry.
Багамские острова · 1974-10-18