Section 366 - Loans, bank accounts and investments

(1) Subject to the Public Financial Management Act, 2016 (Act 921), the Office of the Registrar may obtain loans and credit facilities that the Office requires for the implementation of the functions of the Office.

(2) The Board shall with the approval of the Controller and Accountant-General open bank accounts that the Board considers necessary, except that a bank account opened outside the country shall be subject to paragraph (b) of clause (2) of article 183 of the Constitution.

(3) The Office of the Registrar may make prudent investments in government securities as the Office considers necessary.