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South African Reserve Bank Act, 1989 (Act No. 90 of 1989)

11. Appointment of inspectors

 

 

1) The Bank may appoint inspectors (in either a permanent or a temporary capacity) to carry out inspections of the affairs, or of any part thereof, of a bank or a mutual bank.

 

2) The provisions of the Inspection of Financial Institutions Act, 1984 (Act 38 of 1984), except sections 2 and 7 thereof, shall mutatis mutandis apply in respect of an inspection carried out in terms of subsection (1).

 

3) Every inspector so appointed shall be furnished with a certificate stating that he has been appointed as an inspector under this Act.