Acts Online
GT Shield

"representative office"

in relation to—

(a) a foreign institution referred to in section 34(1), means premises situated within the Republic and from which the business referred to in the said section 34(1) and conducted by such foreign institution in the other country referred to in that section, is promoted or assisted in any way; or
(b) the establishment by a bank of a representative office outside the Republic as contemplated in section 52(1)(e), means premises situated outside the Republic and from which the business conducted by such bank within the Republic in terms of this Act is promoted or assisted in any way;