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Deposit Protection Act · s 4

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s 4Objects of Corporation

The objects of the Corporation shall be —

(a)

to administer a deposit protection scheme for the member institutions under this Act;

(b)

to provide protection against the loss of part or all of the deposits of a member institution;

(c)

to provide incentives for sound risk management in the financial system; and

(d)

to promote or contribute to the stability of the financial system.