Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698072336019.pdf (Guyana)
16 No.

13] THE LAWS OF BRITISH GUIANA [A.D. 1954.

By ProcLamation No.

9 of 1954, this Ordinance 21st June, 1954. came into operatio n on I assent, ALFRED SAVAGE, Governor, 18th June, 1954.

ORDINANCE No.

13 OF 1954. to provide for the establishment, constitution, duties and functions and for purposes of the British connected Guiana Credit with the matters AN ORDINANCE powers, Corporation aforesaid.

A.D. 1954.
A.D. 1954.

ENACTED by the Le�islature - of British Guiana: [l�th June, 1964] ftor�nd 1.This Ordinance 1 Ordinance, on�mence-• Corporation c ment.

date to be appointed Guiana Credit may be cited as the British 1954, and shall come into operation on a by the Governor by Proclamation published in the Gazette.

Interpre: tation.

2.
(1) In this Ordinance- "agriculture" includes fisheries, forestry, horticulture and the use of land for any purpose "Chairman" means "Deputy Chairman" of husbandry; Chairman of the Corporation; means Deputy Chairman of the Corporation; "General Manager" means the General Manager of the Corppration; includes "husbandry" the keeping or breeding of live­ of fruit, or bees and the growing and the like; stock, poultry vegetables "land" means any estate to be, cultivated tion for producing some permanent connection with agriculture; or cleared or plantation usually or about of cultiva­ for purposes at least one annual crop, or in crop, or land used otherwise credit "local credit banks" means the co-operative "member" "official member" means a person who is the holder of an office of emolument Guiana and is appointed tion under the provisions tion 4 of this Ordinance: ·under the Crown in British a member of the Corpora­ of subsection (2) of sec­ No.
16 o!

1944. banks registered under the Co-operative Credit 1944; Banks Ordinance, Chairman and Deputy Chairman; includes A.D. 1954 J BRITISH GUIANA CREDIT CORPORATION [No.

13.
17 Provided that no member of the Corporatio n shall be deemed by reason of that fact only to hold an office under the Crown; of emolument "owner" includes guardians, executors and administra­ tors who are, by the instrument or otherwise, of any land; "statutory has the same legally charged claims" appointing them with the cultivation meaning as assigned 2 of the Deeds Cap, 177. to that expression Registry Ordinance; by section "the Corporation" Corporation ; Ordinance "the Secretary" means the British Guiana Credit established in accordance with this means 1.he Secretary appointed under this Ordinance.
(2)The powers conferred Ordinance shall tion.

be exercised on the Governor by this by him acting in his discre­ PART I AND ADMINISTRATION CONSTITUTION 3.

(1) There shall be established for the p,urposes of this a body to be called the British Guiana Credit Corpora­ Ordinance tion.

Establish­ ment of the British Guiana (2) The Corporation t having g��� ra­ and a common seal and shall have power shall be a body corporate to tion.

perpetual hold land and other property, of whatever kind.
succession (3) The Corporation may sue and be sued in the be described of any notice, name of the British purposes poration by delivering dressed Corporation.

Guiana Credit Corporation by such name, and service order, the same or by sending or other document of the Corporation to the Secretary it by registered at the office of the and may for all upon the Cor­ shall be executed post ad­ 4.
(1) The Corporat ion shall consist ber and of such number of other members, seven, as of one official mem-Constitu­ not being less than tion ot may from time to time determine.

the f0r- the Governor (2)The official member and other members of the Cor-Pora um.

by the Governor shall be appointed poration appearing writing from amongst persons reason of their experience of, and capacity agriculture, undertake or administration the duties appertaining to members of the Corporation.
to him to be qualified relating by instrument in by to to industry, in, matters science, finance, trade, (3)A person shall or being a member of the Corporation member of the Legislatu re.

appoint (4)The Governor shall be disqualified from being appointed so long as he is an unofficial a Chairman the Cor­ among the members of and a Deputy of the Corporation from neither (5)A member of the Corporation of whom shall be the official member.
shall, provisions of subsections (7) and (8) of this section, to the subject hold office Chairman poration 18 No.

13] THE LAWS OF BRITISH GUIANA.

[A.D. 1954 be eligible (6)The Governor for such period, not exceeding direct in the instrument appointing ber shall for re-appointment.
may three years, as the Governor such member, but such mem­ appearing may appoint any person him to have the qualifications the provisions Corporation Corporation in the case of the absence member: of subsection to act temporarily necessary (2) of this section to for appointment under as a member of the in the place of any member of the to act of such or inabililty Provided that only a person wiih the qualifications necessary for appointment vacancy of the termination appointed occurred in the place in the membership of a member of the Corporation if a of the Corporation by reason of such member shall be of the appointment to act temporarily (7)Any member of the Corporation in the place of such member.
other than the offi­ cial member, may, by writing Governor's Secretary, (8)The Governor to the under his hand addressed resign from the Corporation.

may at any time revoke the appoint­ ment of any member of the Corporation so to do.

if he thinks it expediP.nt (9)The Governor member of the Corporation.

may grant leave of absence to any (10)The appointment, removal, from shs11l of any member of the Corporation death, departure the Colony or resig,nation be notified in the Gazette.
5.The Corporation Remun­ eration c,f mem� bers.

shall pay to each member of the Corpora­ of his office as such, such remuneration and allow­ and to may determine of his office in respect tion, in respect ances (if any) as the Governor the Chairman as such, such remuneration t0 any remuneration in respect in Council and to the Deputy Chairman or allowances and allowances, if any, (in addition to which he may be entitlP.d of his office as a member) as may be so determined.

shall appoint 6.
shall appoint 6.

(1) The Corporation and on such terms and conditions and employ at su�h as they think fit Appcint­ ment of General Manager.

Secretary, officers and servants.

remuneration a General Manager, servants the provisions Provided as they deem necessary of this Ordinance: that no salary a Secretary eight hundred dollars per under this subsection in Council.
without and such other office1;s and sue!� for the proper carrying out d in excess of the rate of four thousand annum shall be assigned to any post of the Governor the prior approval (2)No provision shall be made for the payment of any gratuities or other like benefits pensions, the Secretary, ence to their service in Council.
other officers, without servants to the General Manager, refer­ or to other persons by the prior approval of the Gover11or (3)Where leave of absence has been granted to the or any other officer of the Cor­ Manager or the Secxetary the Secretary or any or where the General Manager, un­ of the Corporation General poration other officer able to perform his functions another is for any reason temporarily may appoint , the Corporation person to act in his place.

�---_...,,,___,__ .....


.--- ..._ BRITISH GUIANA CREDIT CORPORATION A.D. Hl54 J=------------- ( 4) A person shall be disqualified the Secretary so long as he is a member of the from being appointed or any other officer of the!

Corporation Manager, or being the General or a servant Legislature.

[No.

13 .

.l:9 7.

(1) The seal of the Corporation shall be kept in the of the Chairman custodv of the" Corporation to a resolution or Deputy Chairman and the S2cretary.
of the Corporation m· the Deputy Chairman in the presence Seal of or the Secretary Corpora� tion.

of the Chairman and may be affixed to instruments pursuant (2)The seal of the Corporation of the Chairman, shall be authenticated and the or Deputy Chairman by the signature Secretary.

(3)All documents, other than those required by law to he w1der seal made by, and all decisions under the hand of the Chairman be signified Manager and the Secretary.

or General of, the Corporation or Deputy Chairman may 8.
(l) The Corporation shall meet at such times as may be or expedient of business, and such r,ecessary for the transaction meetings shall be held at such place and time and on such days :is the Corporation may determine.

(2)The Chairman ing of the Corporation seven days of a requisition any three members of the Corporation.
or in his absence meeting within to him by meet­ may at any time call a special and shall call a special (3)The Chairmall, for that purpose the Deputy Chair­ addressed man, shall preside at all meetings of the Corporation.

(4)The Chairman, the Deputy Chair­ form a man, and three other members of the Corporation shall quorum for the transaction at a meeting.

or m his absence of business of the Corporation shall be by a ma:jor­ (5)The decisions Proce<lure .1and nneet­ ings Of the Cor­ Poration.
i.iy of votes.

In any case in which the voting is equal the Chair­ man or the Deputy Chairman presiding shall have an original a casting vote.

and vacancy (6)The Corporation among the member:, thereof.

(7)The General Manager may attend meetings but shall may act notwithstanding any not be entitled to vote.

kept by (8)Proper minutes of each meeting shall be by the Chairman the Secretary and shall be confirmed Deputy Chairman (as the case may be) as soon as practica r at a subsequent meeting.
thereafte (9)The'Corporation may co-opt any one or of the Corporation to attend any particular meeting for the purpose of assisting co-opted person shall not have the right to vote.

or the ble or advising more persons on any matter the Corporation, but such (10)Subject to the foregoing Corporation shall have power to regulate provisions of this section its own proceedings.

the 9.
the 9.

(1) Every member of the Corporation, evcry Secretary, and every other officer of the Corporation every Managrer, Informa- - tion ob- (a)shall regard and deal with as secret and confi-tained as a -- --.&A"'- 20 No.

13] THE LAWS OF BRITISH GUIANA.

[AD.
1954. member or officer of the Cor­ poration be secret and confi­ dential to documents all information, dential which or knowledge a member, the General Manager, Secretary other officer of the Corporation, be, which relates the Corporation; to any of the proceedings and ur as the case may of of which he may obtain as and matters or other officer of the Corporation, or (b)shall not make use of any documents, matters information of which he which or knowledge may obtain as a member, General Manager, Secretary the case may be, for the benefit of himself any other person, poses of his duties ager, Secretary tion- and shall make and subscribe justice for the pur, or otherwise than Man­ as a member, Gene}al or other officer of the Corpora­ before a commissioner to such effect.
of the peace a (2)No fee or stamp duty shall be payable declaration statutory of oaths or a as or of any declaration made under subsection or chargeable (1) of this in respect section.

of paragraph (a) or (b) of subsection (3)Where any member, the General o:-any other officer of the Corporation provisions tion, he shall be guilty of an offence, viction dollars or to both such fine and imprisonment.
thereof, or to imprisonment be liable to a fine not exceeding contravenes any of the (1) of this sec­ on summary con­ and shall, for a term not exceeding one thousand six months Manager, Secretary ( 4)Nothing contained in this section shall be deemed io preclude applicant nection the Corporation from making with the consent of an may deem fit in con­ as the Corporation such enquiries with an application made to it by that applicant.

Disclosure by mem­ ber of Corpora­ tion of interest transac­ 10.
(1) Subject to the provisions the duty of a member of the Corporation or indirectly, ther directly Corporation for a loan under the provisions in a company or firm in receipt proposed his interest with the Corporation, of the Corporation.
(:S·) In the case of such application interested at a meeting contract in of this section, who is in any way, whe­ in an application it shall be of this Ordinance of .such a loan, or in a contract to the or or to declare the nature of or proposed to be made by a member contract tion with Corpora­ tion, and disq ualifi­ ca tion.
of the Corporation · the application into the contract is first taken into consideration, or or if in the interested required of granting by this section shall be made at the meeting or refusing the declaration of the Corporation at which the question entering such member was not at the date of that meeting application p-oration such member acquires ceipt of a loan from the Corporation contract with the Corporation tion shall be made at the first meeting after such member acquires such interest contract held after he became so interested an interest or proposed in any company or firm in re­ in a or becomes interested after it is made, the said declara­ of the Corporation or becomes so interested.
he]d at the next meeting of the Cor­ and in a case where AD.

1954 ] BRITISH GUIANA CREDIT CORPORATION 21 [No.

i3.
i3.

a general notice given by a member to the effect company or firm and is to be tion for a loan from the Cor­ (3)For the purpose of this section, is also a .as interested or in any contract member of a specified in any app1lica to the other members of the Corporation that he regarded poration be made by or with that declarat .sufficient so made: contract Provided is given at a meeting poration brnught up and read at the next meeting it is given.
of the Corporation takes reasonable ion of interest in relation concerned that no such notice shall be of effect unless either it of the Cor­ steps to secure that it is or the member after of the Corporation which may, after the date of the ngtice, company or firm, shall be deemed to be a to any application or (4)No member of the Corporation shall sit or take p.art in or vote on the decision proceedings for a loan in which he is interested, poration contract or arrangement or indirectly, and sball he be counted in the quorum present to the Cor­ of any application of any or in respect nor if he shall vote his vote shall not be counted at the meeting.
in which he is interested, whether directly (5)Any member of the Corporation who fails to comply (1), (2) and (3) of this of subsection or contravenes of subsections any of the provisions with any of the provisions section 1.his section conviction thereof, dollars shall be guilty of an offence, to a fine not (4) of summary and shall, on five hundred exceeding six months.
or to imprisonment for a term not exceeding Power of or agencies branch offices with such Corpora­ in any part of the Colony to be managed in accordance rules and Corporation.

as may, from time to time, be made by the tion to 11.The Corporation may establish directions be liable · establish branch offices or agencies 12.
(1) The Corporation may sub-divide the Colony into Power of districts for the purposes the districts so created, constitute of such m�mbers as the Co�poration of this Ordinance, a district and may, in each of <:;orpora­ tion o committee t � .

�ff:fc1t consisting may appoint.

.

(.

:) The Corporation and from time to time, alter the boundaries a new sub-divisio may, as 1t thmks fit, at any tune conm1it­ or make tees.

n of the Colony into districts.


of any district (3)The Corporation may as it thinks fit, revoke any made by the Corporation appointment 2nd increase or reduce the number of members of any district committee.

to any district committee, ( 4)A district committee shall perform such function s as the Corporation c1greement, Corporation may direct.

13.
13.

(1) Any transport, or other document shall be deemed to be duly executed (a)if signed by the Chairman man and the General or lease, requiring mortgage, - assignment, transfer, Execution by the of docu- to be executed ments.

or the Deputy Chair- Manager or the Secretary; 22 No.

13] THE LAWS OF BRITISH GUI.4.NA.

[A.D. 195-1 (b)if signed, whether within or outside the Colony, by a person or persons of the Corporation such case an extract by the Chairman the Secretary of the document.
by resolution authorised so to sign, provided that in of such resolution, certified or the Deputy Chairman to and form part shali be attached and "' (2)Any cheque, ment of money requiring be deemed to be duly executed authorised or order for shall by the Corporation if signed by a person or persons so to sign.

of the Corporation by resolution bill of exchange to be executed the pay­ GENERAL FUNCTIONS AND DUTIES OF THE CORPORATION PART II l' 14.
(1) It shall be the duty of the Corporation to promote of the Colony and with that object to where necessary private investment and desirable and to in the Colony by local General functions and duties of the Corpora­ tion credits the economic development provide financial stimulate and external and facilitate capital.

(2)The Corporatio credits of its duties provide urban housing, and other undertakings and utilities of a like nature.
n shall in pursuance for agriculture, industry, both of a public and private nature of the discharge rural and of subsection in the discharge (3) Without prejudice (2) of this section, of its duties shall be to- to the generality of the provisions the functions of the Corporation (a)take over from time to time any credit activities No.

14 of 1945 No.
12 of 1948 ► for land settlement schemes; including of the Government private salaries authorities Local Government enterprises to public officers constituted but excluding advances of to local and advances of the under the provisions loans to outstanding Ordinance, 1945; credits and industrial under registered Ordinance, 1948; (b)provide agricultural Societies Societies (c)provide (d)provide to Co-operative the Co-operative credits such credits industrial tural and engaged in the manufacture to individuals, shares or debentures (e)make loans purchase gaged in new or existing industries; as are necessary for agricul­ undertakings other than those of sugar; and make loans to, and en­ of, companies (f)promote the introduction for investment and in agriculture, industry of private external capital mining; (g)promote useful innovations in ag;ricul ture and industry; (h)provide credits fo.
::-private or mixed private and public investment (4)The Corporation shall have in rural and urban housing.

power for the purpose of the discharge of its duties- l ~ �----- ...._ - - ..a.

__.__ ..JI..

AD.

191)4 ] BRITISH GUIANA CREDIT CORPORATION [No.

13.
2:3 l, (a)to carry on all activities to the Corporation or convenient the carrying on whereof advan­ to be requisite, with for or in connection the including and of products of its said duties, and marketing nppcars tageous the discharge processing research activities; or persons, on of any such activities and for that purpose or promote the establish­ (b)to promote the carrying by other bodies or expand, to establish ment or expansion any such activities either tial control and to give assistance to the Corporation appearing bodies or persons of any such have facilities for activities by the taking up of share or loan capital, or by loan or otherwise.
of, other bodies to carry on or par­ under the control or independently, to the carrying on of the Corporation to such bodies or to other assistance including financial .

• (5)Where an officer in the public service who holds a office within the meaning of the Pensions to be an officer of the Corporation, Ordinance, the Cor-No.
20 of of the Colony an annual 1933 at such rate per centum of the officer's from the Corporation as may, from time to shall pay to the Government contribution pensionable 1933, is appointed poration pension annual emoluments ti.me, be approved by the Governor such person while deemed to be service shall be subject to the provisions as amended from time to ti.me.

15.
15.

The Corporation in the employment under the Government of the Corporation shall be of the Colony and of the Pensions shall have power to do any thing and to (whether or not involving Ordinance, 1933, No.
20 of 1933 G , 1 p�::1 exp,enditure, � of 1 of money in accord-corpora­ the tion to in that behalf, of loans or investment of this Ordinance in Council, and the service of of any property 19 of this Ordinance, the disposal of to the provisions transact or business any property or, subject or rights, grantin& enter into any transaction borrowing, .

:;nce with the provisions acquisition o-C section rights) discharge which in its opinion of its functions is calculated or is incidental 16.
(1) The Corporation may appoint to facilitate or conducive the proper thereto.

examine and report to the Corporation out of or connected with any a committee of the Power to on any appoint of its commit- Corporation to matter whatsoever powers and duties under this Ordinance.

(2)Any such committee arising tees shall consist of at least two with such other persons, or not, whose assistance or members of the Corporation whether members of the Corporation advice the Corporation together may desire.
(3)Where persons, members of a committee tion, are where any person is co-opted (9)of section tion declare such sums shall properly of the Corporation.

the remuneration be payable 8 of this Ordinance, not being members under the provisions of the Corpora­ under this section, or of subsection appointed the Corporation may by resolu­ of such persons, and allowances and out of the funds and resources � .a.. ..... A 2± No.

13] THE LAWS OF BRITISH GUIANA [A,D.


1954 (4)The Corporation the report may by resolution or adopt it either wholly or with such or adaptations as the Corporation reject may -� of any such committee modifications, additions think fit.

� to the provisions of this Ordinance, the Corpora­ to any member or committee of the Corporation to carry out on its behalf such duties Power to delegate.

17.Subject tion may delegate the power and as the Corporation authority .
Appoint­ ment of valuers and in­ spectors may determine 18.

(1) The Corporation and inspectors employ valuers terms as the Corp-oration may determin remove any person so appointed.

notice of every such appointment the Gazette.

and may from time to time appoint and on such at such remuneration e and may in its discretion The Corporation m�.._, cause and removal to be published in (2)The fee of any valuer or inspector shall be fixed by the Corporation before the valuation is made.
and shall be payable by the applicant for a loan (3)Any valuer or inspector appointed under this sectio1 enter upon any lands or premises or coosing and may value or inspect of which a loan has been made under the provisions may, at all reasonable times respect the same; and any person this Ordinance any valuer or inspector obstructing by force or by whether or inspection, in making such valuation of an offence and or in any other manner shall be guilty threats to a fine not ex­ be liable shall, on summary conviction ceeding for a or to .imprisonment term not exceeding thereof, two hundred and fifty dollars to be obstructed six months.
ir, of Balancing 19.

(1) It shall be the duty of the Corporation of revenue and J)erform its functions account, not less than sufficient and sur-its revenue account plus reve- (2) Any excess of the revenues nue.

to meet all sums properly taking one year with another.

as to secure that its revenues of the Corporation so to exercise are chargeable to year thereof any financial its revenue account poration for such purposes val of the Governor in Council.
over the sums properly for that year shall be applied as it may determine chargeable for to by the Cor­ with the appro­ PART III Funds and 20.
(1) resources consist of the Cor- poration of­ FINANCIAL PROVISIONS The funds and resources of the Corporation shall purposes revenue la) such sums as may be provided of the Corporation for the annually of in estimates and expenditure of the Colony; from time to (b)such sums as may be allocated time to the Corporation loans raised by the Colony; (c)such sums as may from time to time be alloca from the proceeds of to the Corporation the Colony by Her Majesty's from grants or loans made Government 1 •• A.D. 1954 ] BRITISH GUIANA CREDIT CORPORATION [No.
13.

25 .. 3 and 4 the United Kingdom under the Colonial Geo 6, c. opment and Welfare Act, 1940, or otherwise; 40.
(d)all sums from time to time received ing due to the Corporation in respect payment of any loan made by the Corporation and the interest loan; by or fall­ of the re- in respect payable of any such Devel­ (e)moneys earned m.· arising from any and debentures investments, mortgages ed by or vested in the Corporation; debentures by or vested in the Corporation; by the Corporation mortgages, or invest­ (f)any property, ments acquired (g) sums borrowed pose of meeting charging any of its obligations any of its functions; for the pur­ or dis­ property, acquir­ (h)all other sums or property which may in any manner become payable poration its powers and duties.
in respect to or vested in the Cor­ of any matter tc incidental ! '

(2)Interest shall be paid by the Corporation of the Colony at such rate as may be determined in Council on any amount specified in paragraph to the by (a) Government the Governor or (c) of subsection (1) of this section.
(3) The annual charges to the Corporation allocated the Colony under paragraph shall be met by the Corporation: on any amount which may be from the proceeds (b) of subsecton of loans raised (1) of this section by Provided that all or any part of such charges of the Colony subject may be met from to the approval of the the general revenue Legislature.

21.
21.

(1) Subject to the provisions of subsection the Corporation may borrow sums required for meeting any of its obligations or discharging any of Borrowing (2) of thi� by the Cor-powers section, poration its functions.
(�:O) The power of the Corporation to borrow sha 11 be only with the approval as to the sources exercisable as to the amount, terms on which the borrowing for the purposes in any respect general be either unconditional or limited to a particular of the Governor of the borrowing and as to the An approval given may be effected.

in Council, of this subsection borrowing may be either and may or otherwise, to conditions.

or subject to the credit of the Corporation may from Invest- ments.
generally approved either and the Corporation I\ 2Z•.

Moneys standing .

time to time be invested >r specifically by the Governor may, from time to time, with the like approval such securities.

23.
23.

Subject in particularly to such conditions the Corporation in securities in Council, cases, ,_,�_.esources, ·J Grdinance ,.,· discharge make loans in accordance in that behalf, of its functions in the execution under section as it may deem fit to impose Power of may, out of its funds and Corpora­ with the provisions of this tlon to ake of its duty or in the f 14 of this Ordinance.

oans sell any or all of 2G No.

13] THE LAWS OF BRITISH GUIANA [A.D .
.1954 Other powers of expendi­ ture 24.In addition to the provisions of section 23 of this Ordin­ ance, the Corporation may from their funds and resources- (a)pay any expenses Corporation fees and costs; lawfully incurred by the including survey, legal and other (b)pay any other expense, incurred properly tion in pursuance provisions of this Ordinance; or accepted cost, or expenditure by the Corpora­ of its purpose under the (c)(i) purchase plant, equipment, stores and any other materials; land; of its duty or in the discharge (ii) acquire (ii�) erect buildings; (iv)carry out any other works and undertakings, in the execution of its function s under section nance, in contemplation those purposes of this Ordinance, expended graph shall be set off against templation the actual making of such loans.
of section any sums under this para­ the loans in con­ of which they were expended 14 of this Ordi­ of loans to be made for so, however, that under the provisions by the Corporation upon 23 25.In making loans under the provisions of this Ordinance the Corporation deem fit in any may charge such rate of interest case.

particular as it mt<y Interest on loans made by the Cor­ poration.

Repay­ ment of loans made by the Cor­ poration.


Suspen­ sion of payment of princi­ pal and interest and power to extend time, com­ potmd or release 26.Subject to the provisions 27 and 28 and of sub­ every loan shall be re­ section (3) of section paid to the Corporation with the terms and condi­ tions under which such loan was made and the moneys so paid be taken into the accounts shall thereupon 52 of this Ordinance in accordance of sections of the Corporation.
27.The Corporation may - (a)postpone to them in respect the payment of any sum due for prin- of a loan made cipal or interest by the Corporation tions for the carrying which such loan was made and for the ultimate repayment interest of such principal as it may deem necessary; upon such terms and condi­ out of the purposes or payment of such for (b)from time to time extend the period for the re­ payment of any loan, or compound loan or any part thereof as it may deem fit.
conditions subject or release an:1 to such terms aDd Payment 28.The Corporation �f /oan re ue d:t� · d whole or any part of the amount represen loan and interest due, upon such terms and conditions thereon, may at any time accept payment of the of a ting the principal before the time when such payment :s as it may think fit.

......... �--- ... L... ..... ...._ A.

_..._ ...._ - --- __.__ !,. }

A.D. 1954.J BRITISH GUIANA CREDIT CORPORATION[No.

13.

27 of for the cultivation of as the Corporation 29.
(1) When .any loan has been made until such advance has been repaid, be dealt Power of Corpora­ of reaping and making merchantable tion to dispose crops crops and the expenses such crops, all the crops and produce reaped or gathered from the land shall, vvith and disposed disposed for the Corporation who disposes directed of an offence to a fine not exceeding for a term not exceeding and, until so the loan in trust .
Any person to whom a loan has been made, of any such crops or produce except in the manner or by this Ordinance, on summary conviction thereof, five hundred dollars, of, shall be held by the person obtaining shall be guilty be liable by the Corp;oration or to imprisonment may direct, six months.

and shall, of to whom loans shall have been made under the of padi or produce belonging of such padi or produce.
the Corporation a rice factory (2)It shall be lawful for agreement with any person operating produce of any kind for the disposal to any person provisions of this Ordinance in respect The agreement such padi or produce and the immediate payment to the Corpora­ tion of poration shall provide for the sale without undue delay of of such sale or such rpart thereof to enter into in or dealing the proceeds shall think fit to the credit of (3)Any person so entrusted as the Cor­ such person.
with the disi)osal of the a loan under the pro­ of this Ordinance padi or produce of any p€rson obtaining visions to the Corporation guilty of an offence be liable to a fine not exceeding imprisonment (2) hereof shall be in subsection and shall, on summary conviction or to five hundred dollars who shall fail to pay the proceeds for a term not exceeding as provided six months.
of sale thereof, (4)The provisions of this section shall not apply to any in an condition Ordinance, of Tenure) to the foregoing or 1945.

1945, which reservation as rent or affected by a specified is in force at the date of the loan made by the Corpora- by the padi reserved agreement of tenancy within the meaning of the Rice Farmers No.

10 of (Security condition tion; and, subject Corporation to give his tenant notice to quit his rice land under the No.

10 of a landlord provisions of section 1945.


Ordinance, 30.Every mortgage provisions, of an;y of its powers under this section charge under the provisions by the Corporation.

pay the legal charges all necessary disbursements.


The person to whom the loan is made shall charges to in connection to secure a loan and every instrument shall be prepared and and shall also pay be preb ared Y c orpora- 7 of the Rice Farmers (Security of this Ordinance shall not entitle of Tenure) 1945. therewith, the exercise ur Mortgages p tion 31.

(1) Where the Corporation under the provisions of this Ordinance has made a loan of money Examina- tion.
as to it may - �­ (a)from time to time, make or cause to be made such a_pplic ti ��/ 5 as may be necessary for i�nt.

Y examination to ensure that the loan is being applied to the purposes which it was made; ........... .ill.. ...-.... ....... _ �--.-.. d. ..._ _ _.,___.______..,_._ 2o No.

13 ] 'l'HE I.!-1 WS OF BRlTISH GUIANA.

[A.D. 1954.
[A.D. 1954.

(b)require financial statements in such detail as to be submitted by the per­ of the loan bi­ it may determine son, body or .authority annually of the Corporation authority (2)The Corporation or at shorter shall comply may authorise or any other person to make such body or authority in receipt at the discretion body or with such request.
in writing any of examination, in receipt intervals of the loan shall produce and such person, and its officers the person, to such officer ters and things necessary or person all the books, documents for the purposes (3)Any person who contravenes (b) of subsection (1) of this section of i-,araaraph provisions offence fine not exceeding a term not exceeding and shall, one thousand six months.
of subsection (2) of this section, on summary conviction shall be guilty of an to a be liable thereof, dollars or to imprisonment for and other mat­ of the examination.

any of the provisions or any of the made under the provisions Order of Corpora­ tion upon such ex­ amination.
to the Corporation 32.Where UP:On any examination it appears 31 of this Ordinance for the purposes for which the loan was made the Cor­ of section that any sum being the whole or any part of the loan has not been applied poration mentioned sum together order be repaid the order, and any sum with the interest repaid to the Corporation the Corporation.
may order that any such sum be, within the time or that such on the date of the the time mentioned in so ordered to be become a debt due to to such purposes duE: thereon to the Corporation within in the order, applied with any interest shall thereupon thereon Cancella­ tion or modifica­ tion of approval of loan actual and without approval money.
33.At any time after the approval of a loan and before the payment of the money the Corporation may at its discretion assigning and withhold any reason therefor payment of the whole or a portion cancel or modify such of the 34.In any case where the Corporation has approved and any part of such loan has not the t'ower of making of a loan by instalments Corpora­ ,·et been advanced if - tion to · direct that any part outstand­ ing of an approved loan be not paid.
due in respect nance remains (b)in the opinion or (a)any sum of money, whether principal or interest, of any loan made under this Ordi­ unpaid; of the Corporation, any prior loan has not been applied made under this Ordinance for the purpose been carefully for which it was made or has not expended; and economically or or has been has become insolvent (c)the borrower sentenced option of the payment of a fine or has assigned his estate for the benefit to a term of imprisonm of -creditors; or ent without the ( d)there has been a breach or non-observance of any condition attached to the loan; (e)in the opinion of the Corporation, or the sums al- AD.
1954 J BRITISH GUlAN A CREDIT CORPORATION [No.

13.

29 .. ready advanced to the purposes were not applied for which the loan was made within reasonable ti.me: the Corporation refuse to advance any portion without prejudice of the loan still outstanding.

to any other remedy, may 35.

(1) No loan or part thereof made under the provisions of this Ordinance poses as may be authorised nance or by any Regulations by the Corporation under this Ordi­ made thereunder.
shall be applied otherwise than for such pur­ (2)If any loan made under the provisions has been misapplied of this Ordi­ the Corpora­ nance or .any part of such loan tion may - Misappli­ cation of loan secured mortgage or other� wise.
by (a)where such loan has been secured by mortgage, addressed by notice in writing recall the said Joan or any part thereof the loan or that part together require interest due on such loan or part thereof date of the notice to be repaid on a date to be in default specified on such specified date any security purpose of the loan may thereupon to the mortgagor, and may with c:ny on the given for the be realised; in the notice and of payment }- (b)where such loan has been secured otherwise than by notice addressed to the the loan or any part thereof by way of mortgage, borrower, request together with any interest part thereof in the notice and in de­ on a date to be specified fault of payment on such specified date any given for the purpose of the lo;m may security thereupon due on such loan or be realised.
on the date of the notice to be reP:aid (3)The provisions of subsection be in addition to any other proceedings (2) of this section shall under any Ordinonce .

36.Where any property mortgaged as security for a loan Enforce­ under the provisions the enforcement of the security property otherwise and may either manage and hold such property may deem fit.

of it as the Corporation the Corporation of this Ordinance dispose or sell or is sold for the purpose nf ment of may buy such securities.
PART IV MISCELLANEOUS 37.Where a loan is made by the Corporation on the security cf a mortgage of any property, security, the property, be charged with the mortgage or without any other from and after the date of the mortgage, shall payment of such loan and interest as otherwise in priority, whether with as in the specified mentioned, save so far Charge on property and priority loan.
of - in the mortgage, to every other debt, mortgage soever affecting the loan due to any creditor property, except any statutory which has been made in good faith or charge what­ claim or any :Jo No.
13] THE LAWS OF BRITISH GUIANA [A.D. 1954 before the loan made by the Corporation secured by a duly registered executed to a person who is entitled repayment thereof with mortgage 0£ the property as a bona fide creditor to the and which has been shall constitute made by the Corporation, nt on all movable and immovable interest.

Loans by 38.

(1) Any loan not exceedin �orpora� dollars tion to be may have accrued thereon, P �:�:-1�� c .
g t other person who becomes a surety for the repayment loan over and above all claims of whatever not being :;:i�:!er's claims or claims secured property in statutory certain existing before the loan made by the Corporation circum-preference stances.against g nine hundred and sixty that with interest together a preferent charge or any of a borrower, of such the borrower.
(2)In any case where any movable or immovable pro­ Jt Registrar of Deeds, or any magistrate's clerk or a surety is sold by the Official shall apply if proceedings perty of a borrower in insolvency property nature, such vendor shall, rates and b.lxes Receiver, under registered encumbrances and the same are institnted of the sale and all claims, after paying all expenses due, deduct the amount of the loan due to the Corporation, to­ gether with any interest thereon and pay it to the Corporation: to the date of the sale accrued I t Provided that - (a)the obligation clerks Receiver on the imposed by this section shall not Official and magistrates' in any case arise unless the Corporation, on or before the date of the sale, gives notice in writing or the magistrate's clerk, to the Official Receiver of unpaid as the case may be, of the existence loans, .and unless within seven days after the sale the Corporation to the Official the case may (b)the obligation clerk, or magistrate's and be, of the amount thereof; on the imposed by this section of Deeds shall only arise in sales in ex­ gives further notice in writing Receiver, as payment of of enforcing for the purpose claim or for the of enforcing purpose Registrar ecution a statutory payment of a judgement creditor or a registered case arise unless the Corporation the day before the day of the sale has given to of the the Registrar existence of Deeds notice in writing encumbrance, claim other than the holder of a statutory and of the amount of the unpaid loans.
and shall not in any not later than debt of a judgement Offences in respect of loans.

39.Any person who - under the (a)obtains a loan from the Corporation provisions of this Ordinance false representation; by means of any (b)wilfully applies Corporation nance to any purpose which the loan was made; under the provisions of this Ordi­ other than the purpose ior any loan made to him by Lhe l -----------...__ � ... -- _.. A.D. 1954 ] BRITISH GUIANA CREDIT CORPORATION [No.
13. fll (c)having obtained a loan from the (;orporation un­ of this Ordinance, wilfully der the provisions, destroys such loan, any security given in relation to any shall be guilty of an offence summary conviction thousand twelve months, dollars, thereof, against be liable this Ordinance and shall, to a fine not exceeding for a term not exceeding on one or to imprisonment information 40.Any applicant for a loan who wilfully or to both such fine and imprisonment.
fails to disclose any material or who wilfully makes any statement which he knows to be false or does not believe to be true, shall be guilty of an offence on summary con­ viction dollars thereof, or to imprisonment for a term not exceedin and shall, to a fine not exceeding within his knowledge, be liable five hundred g six months.

by any 41.Any prosecution for an offence may be instituted person employed 111 writing in that behalf by the Corporation.
by the Corporation or by any person authorised False statements.

Persons authorised to prose­ cute on ::l€half of the Cor­ poration .

4�·.

All sums due to the Corporation be recoverable at the option of the Corporation in the Georgetown judicial in which the borrower l.'esides.

district District Judicial or in a court situate in the from any borrower shall either in a court Jurisdic­ tion.
43.Proceedings or of any Regulations made hereunder time within five yeclrs from the elate on which the offence was committed.

may be commenced at any of offences in respect under this Ordinance 44.Proceedings this Ordinance or shall not be instituted without ney General.

for offences in connection arising with any loan made out of the provisions of hereunder the consent in writing of the Attor­ Limit of time for prosecu­ tion.

Attorney General's fiat.


45.In any criminal paragraph (b) of section that he acted in good faith and without entitled person charged.

in respect proceeding 39 of this Ordinance the onus of proving knowledge of an offence that he was not so to apply the loan or any part thereof shall be upon the under Burden or proof in cases of misappli­ cation of loans.
without 46.Any minutes made of meetings be receivable proof and every meeting if duly signed by the Chairman, legal proceedings further Corporation been so made shall be deemed to have been duly convened and all members thereat .

47.

No act done or proceeding shall be questioned of the Corporation shall, in all of the of which minutes have and held of the proceedings in evidence on the ground - in respect to act.

to have been duly qualified Minutes receivable in evi­ dence.
taken under this Ordina11ce Protection of Cor­ poration.

of any vacancy in the member­ (a)of the existence ship of.

or any defect in the constitution Corporationj of, the or ..... -- ........._ � ..... - .

:.

.....__.._ � JL- ... 32 No.

13] THE LAWS OF BRITISH GUIANA [A.D. 1954 (b)of the contravention of the provisions by a member of the Cor­ of section 10 of this poration Ordinance; or (c)of any omission, defect or irregularity not af- fecting the merits of the case.
Protection of persons acting under this Ordinance.

Cap.

254.

48.Any person acting in the execution under the provisions hereunder Justices shall be entitled to the protection Protection Ordinance.

of this Ordinance of his office or of any Regulatio or duty ns made afforded by the Regula­ tions.
49.The Corporation, with the approval of the Governor in to the express provisions of this Ordinance, may, subject Council, - make Regulations (a)governing the proceedings and the manner and transaction of the Corporation of its business; (b)prescribing the circumstances in which members of the Corporation subsistence such allowances; allowances may receive and fixing travelling and the rates of (c)imposing fees in such cases as may be determined by the Corporation; (d)generally for the exercise of its powers and duties under the provisions of this Ordinance.
Fees t�be 50.

(1) Any thing contained taken m nance, or in any Regulations respict of notwithstanding, � si��dul; rendered Part r · Corporation gt.f.,es.
for the services of mortgages in respect shall be those specified the fees to be taken by the Registrar of Deeds when set out in the Schedule to this Ordinance of any amount in favour of the in the Deeds Registry Ordi­ made thereunder, to the contrary in Part I or · of the said SchedulP.. of Deeds for (2) The fees to be taken by the Registrar in accordanr.r; charging instrument on every such instrument movable property shall be those set out at Part II of the Sche­ in the Tax Schedule.

Part II.

No.
Part II.

No.

43 of 1939. filing an with this Ordinance dule to this Ordinance and notwithstanding Ordinance, 1939, or in any other law payable of the said Ordinance.

Liability of 51.

Nothing in this Ordinance Corpora� from liabilit tion for Income Tax.

Accounts 52.

(1) The Corporation to the satisfaction and audits.

actions the stamp duty shall be that set out in that part shall keep accounts of the Governor y for Income Tax.
contained, in Council anything of its trans­ and such by the appointed annually by an auditor accounts Governor shall be audited in Council.

shall exempt the Corporation (2).

The members, the General Manager, and servants of the Corporation the Secretary, shall grant to the other officers the auditor appointed under the provisions to audit the accounts of the Corporation of snbsection (1) of this section access to all A.D. 19541BRITISH GUIANA CREDIT CORPORATION [No.

13.
13.

33 books, documents, give to him on request knowledge in relation cash and securities and shall all such information as may be within their of the Corporation to the operation of the Corporation.

(3)The Corporation 53.

(1) The Corporation may write off bad debts.

shall not later than year submit to the Governor six months from Report.

in Council the end of each calendar .


:i report containing - (a)an account of its transactions throughout year in such the detail as the preceding Governor (b)a statement calendar in Council may direct; and of the accounts of the Corporation audited tion 52 of this Ordinance.

(2)A copy of the report together in accordance with the provisions of sec­ with a copy of the and laid on the table of the Legis­ report shall be printed auditor's lature and published 54.The Governor in the Gazette.
in Council, Chairman, give to the Corporation ter as to the policy of its functions in relation cern the public interest, any such directions to matters .

may, after c�msultation with the directions to be followed in the exercise of a general charac­ and performance Powers of Governor in Council.

and the Corporation appearing to him to con- shall give effect to '- 55.

(1) All lands and property of whatsoever in the local credit shall vest in the Corporation tion established transfer or other formality.
banks shall be and are hereby transferred to and as part of the assets of the Corpora• under this Ordinance without any conveyance, of Transfer nature vested assets and liabilities.

No.
16 of 1944. of whatsoever shall be deemed to have Credit with banks, together (2)Every loan made under the Co-operative 1944, by the local credit and still due and owing on the date of of this Ordinance Banks Ordinance, any interest thereon, coming into operation of the Corporation been made with the authority sory notes, Bills of Sale, Charges and instruments nature for securing the repayment credit banks Corporati ality for the local credit or charge and other document evidencing ing its repayment authorities connection with any such loan are hereby transferred he exercisable and all the rights, vested in or exercisable shall be deemed to have been made in favour of the any other form- without banks in every deed and every mortgage any such loan for secur•- powers, privileges and by the local credit banks in on which is hereby substituted of any such loan to the local and all promis- to and shall by the Corporation.
(3) All the benefits of any policies or by borrowers Credit Banks Ordinance, the local credit banks operative security mortgage credit to the Corporation or in respect of buildings and every insurance assigned in favour of the local banks by borrowers shall be deemed to have been assigned made by of insurance Co-• under the therefrom No.
16 of 1944, either as collateral 1944. and machinery secured by and the policies conc;erned and all benefits ..___..__ ----~- nance, and the Co-operative Credit Banks (Special Pro­ 34.

No.

13] THE LAWS OF BRITISH GUIANA.

[ A.D. 1954 accruing out any notice or other formality shall subsist hereunder whatsoever.

and have effect accordingly with­ Cap.

155 ( 4)All loans made under the Rice Growers Loans Orr!i- No.
22 of visions) 1948. coming into operation Ordinance, 1948, and still due and owing on the date of of this Ordinance shall be deemed to have privileges and authorities been made with the authority of the Corporation powers, local credit banks in connection transferred Corporation: Provided vested in or exercisable with any such loans are hereby to and shall become exercisable that on the coming into operation and assigned by the by the and all the rights, of this Ordinance the Corporation of and liability hereinbefore any such amounts as are irrecoverable.
shall be charged with and assume responsibilit for all the amounts loaned under the .Ordinances but shall not be liable to Government mentioned for y (5)Where any local credit bank established has an ac­ bank in the Colony the Bank accounts of count or accounts former said account Banks to r.1ent vest in tion and any monies standing Corpora-bank shall, with effect from the date aforesaid �ion.

poration.
poration.

or accounts of this Ordinance, with effect from the commence­ to the name of the Corpora­ to the credit of any such local credit with any commercial be transferred vest in the Cor- shall, (6)Subject to the provisions (1) of section of, the local -< prior to the coming into operation of subsection and obligations 55 of this Ordinance all the liabilities credit banks immediately this Ordinance poration poration.
and shall become the liability are hereby transferred and assigned and obligation of to the Cor­ of the Cor­ (7)All causes and rights of action accrued before the by, for or against of this Ordinance, and then in any manner en­ any of the local credit banks, and ::,ll commencement forceable deeds, leases, purchases, sales, covenants, tracts to or in relation shall remain as good, valid and effectual poration credit to any of the local credit banks, shall be and the Cor­ any such lo::al as they would or might have been against and con­ into by, with, which have been executed, bank if this Ordinance 56.
(1) The Corporation had not been enacted.

shall, as full consideration made or entered for or against agreements for the Considera- tion for transfer of pay to the several transfer assets of heirs executors local credit ' banks.
to the Corporation of the sssets of the local credit banks of the local credit banks or their shareholders or administrators - (i)within six months of the commencement of this Ordinance, paid shares held by them in the former banks at the date of the transfer; the face value of the fully (ii)within twelve months of the commencement to the provi­ and subject of this Ordinance, sions of subsection amount vro rata of the reserves tributed sheet of each such bank at the 31st Decem­ ber, 1953. profits shown by the audited and undis­ ( 4) of this section, balance an \.
)- A.D. 1954 J BRITiSiI GUIANA CREDIT CORPORATION [No.

fa 35 (2)Anything in section 60 of this Ordinance to the con­ anding it shall be lawful for a special of members of any of the local credit banks to be held g,=neral trary notwithst meeting within one month of the commencement same manner as though this Ordinance the purpose profits of the bank as shown on the audited 31st December, Clerical tu the bank.
1953, of an honorarium Assistant, if any, of the bank in respect balance to the Secretary out of the undistributed sheet at the and the of past services of this Ordinance in the for had not been enacted of determining the payment (3)The Corporation of this Ordinance shall within twelve months of the pay to each person to whom an shall have been voted in accordance (2) of this section with the provi­ the amount of such commencement honorarium sions of subsection honorarium: Provided of the bank shall have notified the that no such payment shall be made by the Cor­ unless within two months of the commencement of this poration Chairman Ordinance the Corporation by writing Las been voted at a special under the p:rovisions notification voted in respect of under his hand that such an honorarium of subsection general meeting of the bank held and in such section, the amount of the honorarium (2) of this shall have specified each such person.
(4)The payment by the Corporation (3) of this section subsection purposes of pro ratxi amounts of the undistributed specified shall be taken into account shareholders (ii) of subsection of the ,payment in paragraph to the several of any amount under for the of the bank 57.

(1) All the assets and liabilities in connection Banks (Secretaries) Guarantee ment of this Ordinance, vest in and devolve with the local credit banks and Fund" shall on the commence­ of the bank as profits (1) of this section.
Credit of the fund established Banks known as the "Credit (Secre­ taries) on the Corporation.

Guarantee Fund.

to the purposes of this (2)Such assets shall be applied Ordinance (3)The account the fund shall, in such manner as the Corporation may determine.
in the Post Office Savings Bank opened of this as the and any sum standing to the credit of the with effect from the date aforesaid, vest in the Cor­ to the name of the Corporation be transferred in the name of Ordinance, holder of such account fund shall, poration.

on the coming into operation securities 58.
(1) All persons who at the commencement of this Ordi-Property any moneys, belonging to any to Board by any Ordi-or ba�ks in their possession or under their control or effects belonging or to which any such local �sta�:shed nance, have books, documents, papers, local credit bank or to any committee established nance repealed by credit bank to account such person as the Corporation in the same manner as if such persons Corporation documents, ployment shall be liable Y 1 � or to r up the same to the Corporation, ira.fn�nces the same, to be by the delivered of such moneys, books, to the and had become possessed papers and securities to receive had been appointed or agent of the Corporation.
tion.

or committee for and deliver would have been entitled, this Ordinance, -as a servant may appoint or effects in the course of em-Corpora• 36 No.

13] Tl-IE LAWS OF BRITISH GUIANA.

[AD.

1954 for (2) Any person who shall omit or neglect to the Corporation any moneys, books, documents, to account for Penalty ne�tect to and deliver :iehver papers, opert pc po ti�� · securities of tion (1) of this section � r • be g�ilty of an offence be liable prisonment for fine and imprisonment.
or effects which under the provisions of subsec­ to a fine not exceeding he is liable and shall, shall for and deliver to account on summary conviction thereof, five hundred dollars or to im­ a term not exceeding six months or to both such Dissolution 59.

The local credit banks are hereby dissolved of former tration thereof cancelled.

Banks.

and the regis- Repeal and saving.

No.

16 of 1944 No.

16 of 1946.

60.


(1) The Co-operative 1944 and Credit Banks Ordinance, the Co-op.erative (hereinafter nances") in this section are hereby repealed: Credit Banks (Amendment) referred 1946, Ordi­ to as "the repealed Ordinance, Provided that any of the local credit banks which may be in process of being wound up Ordinances continue pleted in the same manner as though this Ordinance enacted.
at the date of commencement to be wound up and the dissolution under the provisions thereof shall be com­ had not ·been of this Ordinan<::e shall of the repealed !

'4 Cap.

155 Wo.

22 of 1948.

(2)The Rice Growers Loans Ordinance, and the Co­ Credit Banks (Special Provisions) Ordinance, 1948, are < operative nereby repealed.
(3)The repeal of the Ordinances way affect the validity taken, or commenced, and any act, proceeding, shall be continued of any act, proceeding, under the provisions or thing so commenced under the provisions of those Ordinances: but not completed of this Ordinance.

aforesaid shall in no or thing duly done, Power to 61.

The Governor amend the to time, alter, Schedule.

may, at any time and from timo?


in the amend or revoke the provisions contained thereto and may add new provisions to this Ordinance in Council Schedule for the purposes of this Ordinance.

SCHEDULE PART I (Section 50) (FEES TO BE CHARGED IN RESPECT OF MORTGAGES EXECUTED BY THE CORPORATION AND A BORROWER THEREFROM).
and for three publications 1.For preparing advertisement thereof, Deeds Registry cution, for examination Rules, of mortgage of title and certific 1920, for preparing and registration, c ompletion on a loan - ate under rule 9 of the gross for attending on exe­ Exceeding Not Exceeding Fee $ 1,000 $ 5.00 $ 5,000 $ 7.50 $10,000 $10.00 $15.00 $ 1,000 $ 5,000 $10,000 of mortgage 2.For cancellation Deeds Registry Rules, 1920, an inclusive fee of and for certificate under rule 9 of the .

.
.

$1.00 -------- t ;.-!f\Sl &,\ #\ ' r ''-'· • • - A ' '!""

.

AD.

1954] BRITISH GUIANA CREDIT CORPORATION[No.

13.

37 3.For original perty proposed including an inclusive fee of certificate as to title of judgment to pro­ on and as to encumbrances thereon, of land, of any number of parcels debtor to be levied searches, in respect $1.00 (E'EES AND STAMP DUTY PAYABLE ON INSTRUMENT).

PART II 1.Filing every instrwnent of charge with the Registrar appointe,d under the Deeds Registry Ordinance of Deeds Cap.
177.

$1.00 2.Issuing of the certified Corporation copy of every in.51trwnent of charge for the use 3.Stamp duty on every instrument securing repayment of a loan $ .25 $ .12 I assent, ALFRED SAVAGE, Jovernor, 18th June, 1954.

ORDINANCE No.

14 OF 1954.

AN ORDINANCE further to amend the Registration oI Births and Deaths Ordinance.

[19th June, 1954.J ENACTED by the Legislature 1.

This Ordinance ,md Deaths (Amendment) strued and read as one with the Registration of Births and Ordinance, A.O.
1954 of Births Sh tttle or 1 · D22ths Cap.

139 may oe cited as the Registration 1954, and shall be con- hereinafter Ordinance.
Ordinance, of British Guiana:- referred (1) of Section to as the Principal twenty-four of the Principal �-Subsection Ordinance is hereby amended - (a)Jw the deletion th0refrom of the words "or leper"· � Amend- men� of Sectwn the Prin- ' 24 (1) of "J and (b)by the insertion therein after the words "or oth0r cipa� public or charitable "other than a leprosy forty-three of the Principal institution" hospital".

Ordinance 3.
Ordinance 3.

Section is hereby Amend- arnended by the addition subsection-ment of " (5) (a) Any person who i.s born in the Leprosy Hospital, of the following thereto of the words ordinance .

of any SU(!h o G or any parent or guardian h R Sec_tion 43 Mahaica, pf _ .. h� 1 rmcma person may apply to t e eg1strar eneral to Ordiri.ance.

with respect alter the particulars to the birth of such person so as to substitute any reference 'Mahaica to 'Mahaica.'
(b) The Registrar shall, upon the making cause the said substitu­ of any such application, tion to be made in the original therein Hospital' as the case may be a reference in the regdster register General for or and in to the 'Leprosy Hospital' ..... a.... ........... _....._ _ A ■◄♦