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Banks Act, 1990 (Act No. 94 of 1990)

Regulations

Regulations relating to Banks

Chapter VI : Information required by the Registrar and the Economic Research and Statistics Department of the Reserve Bank

63. Analysis of instalment sale transactions, leasing transactions and selected assets

Directives and interpretations for completion of the quarterly return concerning analysis of instalment sale transactions, leasing transactions and selected assets (Form BA 920)

Subregulation (4)

Columns relating to table 1

 

Columns relating to table 1

Column number

Description

1

Instalment sales

Based on the specified asset types this column shall reflect the bank

in respect of all relevant instalment sale transactions, excluding any amounts in respect of unearned finance charges.

2

Financial leases

Based on the specified asset types this column shall reflect the relevant required amounts due and payable to the reporting bank in respect of all relevant financial leasing transactions, excluding any amounts in respect of unearned finance charges.

3

Operating leases

Based on the specified asset types this column shall reflect the relevant required amounts due and payable to the reporting bank in respect of all relevant operating leasing transactions, excluding any amounts in respect of unearned finance charges.