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20 September 2016

Namibia Government Gazette dated 2016-09-20 number 6130

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                   GOVERNMENT GAZETTE
                                                      OF THE

                      REPUBLIC OF NAMIBIA
N$6.00	                               WINDHOEK - 20 September 2016	                                             No. 6130

                                                     CONTENTS
                                                                                                                      Page
GOVERNMENT NOTICE

No. 229     Regulations relating to restrictions on loan-to-value ratios: Banking Institutions Act, 1998 ................. 	1
                                                 ________________


                                        Government Notice
                                           MINISTRY OF FINANCE

No. 229	                                                                                                              2016

      REGULATIONS RELATING TO RESTRICTIONS ON LOAN-TO-VALUE RATIOS:
                     BANKING INSTITUTIONS ACT, 1998

Under section 71(1)(d) of the Banking Institutions Act, 1998 (Act No. 2 of 1998) I, on the
recommendation of the Bank of Namibia, make the regulations set out in the Schedule.

C. Schlettwein
Minister of Finance	                                                                        Windhoek, 3 August 2016

                                                     SCHEDULE

                                    ARRANGEMENT OF REGULATIONS

1.	       Definitions
2.	       Purpose and scope of regulations
3.	       Responsibility to ensure compliance
4.	       Prudential requirements
5.	       Declaration by customer
6.	       Transitional provision
7.	       Offences and penalties

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