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Mutual Banks Act, 1993 (Act No. 124 of 1993)

Chapter III : Authorization to Establish, and Registration and Cancellation of Registration of, Mutual Banks

18. Untrue information in connection with applications

 

Any person who in or in connection with—

(a) an application for authorisation to establish a mutual bank; or
(b) an application for registration as a mutual bank;

furnishes the Registrar with any information that to the knowledge of such person is untrue or misleading in any material respect, shall be guilty of an offence.