Diamonds Act, 1986
R 385
Property Practitioners Act, 2019 (Act No. 22 of 2019)RegulationsProperty Practitioners Regulations, 2022Chapter 6 : Trust Accounts and Details of Auditor29. Bank's Declaration of Interest |
| 29.1 | A declaration from a bank contemplated in section 54 (2) (b) must be made in the following format— |
[Insert bank's letterhead]
[Insert date]
Property Practitioners Regulatory Authority
63 Wierda Road East (Corner of Johan Avenue)
Sandton 2196
BY POST
Dear [Sirs / Sir / Madam]
RE: DECLARATION OF INTEREST EARNED BETWEEN [INSERT RANGE OF DATES] IN TRUST ACCOUNT(S) OF [INSERT NAME] (THE "ACCOUNTHOLDER") IN TERMS OF SECTION 54 (2) (b) OF THE PROPERTY PRACTITIONERS ACT, NO 22 OF 2019
| 1 | We certify the following regarding the Accountholder's trust account(s) held with us— |
|
DESCRIPTION OF ACCOUNT |
ACCOUNT NUMBER |
INTEREST EARNED |
CREDIT BALANCE |
| 2 | Please contact us should you have any queries in the above regard. |
Yours faithfully
________________________________
[NAME OF SIGNATORY]
[Designation]
[Name of bank]
