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Banks Act, 1990 (Act No. 94 of 1990)

Chapter III : Authorisation to Establish, and Registration and Cancellation of Registration of, Banks

21. Untrue information in connection with applications

 

Any person who in or in connection with—

(a) an application for authorization to establish a bank; or

[Paragraph (a) substituted by section 14(a) of Act No. 26 of 1994, with effect from 1 June 1996]

(b) an application for registration as a bank,

[Paragraph (b) substituted by section 14(b) of Act No. 26 of 1994, with effect from 1 June 1996]

(c) [Paragraph (c) deleted by section 14(c) of Act No. 26 of 1994 with effect from 1 June 1996]

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

 

 


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