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Bank of Sierra Leone (Amendment) Act, 1998

An Act amending the law governing the Bank of Sierra Leone, the country's central bank.

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Summary

The Bank of Sierra Leone (Amendment) Act, 1998 amends the principal legislation governing the Bank of Sierra Leone. The central bank is responsible for monetary and exchange-rate policy, the issue of the national currency and the supervision of banks and financial institutions.

As an amending statute it alters specified provisions of the principal Bank of Sierra Leone law and must be read together with it, as part of the development of the central-bank legal framework.

Main provisions

  • Amends specified provisions of the principal Bank of Sierra Leone legislation.
  • Concerns the functions, powers or governance of the central bank.
  • Takes effect as part of, and is read together with, the principal Act it amends.