The Deposit Insurance Corporation (DIC) was established by the Central Bank and Financial Institutions (Non-Banking) (Amendment) Act, 1986 which amended the Central Bank Act Chapter 79:02.
The enabling legislation that guides the operation of the DIC are: –
- Section VB of the Central Bank and Financial Institutions (Non-Banking) (Amendment) Act – 1986 (PDF)
- Central Bank and Financial Institutions (Non-Banking) (Amendment) Act – 1986
- Bye-Laws or Legal Notices
The Central Bank (Deposit Insurance) Bye-Laws, 1986 – Legal Notice No. 210
The Central Bank (Deposit Insurance) Order, 1986 – Legal Notice No. 211
The Central Bank (Deposit Insurance) Order, 1987 – Legal Notice No. 207
The Central Bank (Deposit Insurance) Order, 2007 – Legal Notice No. 237
The Central Bank (Deposit Insurance) Order, 2012 – Legal Notice No. 10
The Central Bank (Deposit Insurance) (Amendment) Bye-Laws, 1988 – Legal Notice No. 124
The Central Bank (Deposit Insurance) Order, 2024 – Legal Notice No. 159
The Central Bank (Deposit Insurance Coverage Limit) Order, 2024 – Legal Notice No. 160
- Financial Institutions Act, 2008