Mandating Procedures of Provinces Act, 2008
R 385
Mutual Banks Act, 1993 (Act No. 124 of 1993)Chapter III : Authorization to Establish, and Registration and Cancellation of Registration of, Mutual Banks9. Registration a prerequisite |
| (1) | No person shall hold himself out to be a mutual bank unless such person is registered as a mutual bank in terms of this Act. |
| (2) | Any person who contravenes the provisions of subsection (1) shall be guilty of an offence. |
