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Deposit Protection Act · s 4
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Deposit Protection Act · s 4
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
The objects of the Corporation shall be —
to administer a deposit protection scheme for the member institutions under this Act;
to provide protection against the loss of part or all of the deposits of a member institution;
to provide incentives for sound risk management in the financial system; and
to promote or contribute to the stability of the financial system.