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

Chapter VII : Conversion of Mutual Banks

68. Notice in Gazette of conversion

 

(1) Within 14 days of any conversion in terms of section 67, the company established by the conversion shall forward two certified copies of its certificate of incorporation and its memorandum and articles of association to the Registrar and upon receipt of such documents the Registrar shall, against payment of the prescribed registration fee, issue to it a certificate of registration as a bank

 

(2) The Registrar shall give notice in the Gazette of any conversion in terms of this Chapter.