Section 4
Objects of Corporation
ActIn forceProvision 4 of 86
Section 4
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.