Acts Online
GT Shield

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

Chapter IV : Shareholding in, and Registration of Controlling Companies in respect of, Banks

39. Furnishing of information by shareholders

 

Any person desiring shares in a bank or controlling company to be allotted or issued to such person or to be registered in the name of such person, or in whose name such shares are registered, and any person acting on behalf of such a person, shall at the written request of the bank or controlling company furnish it with—

[Words preceding paragraph (a) substituted by section 27 of Act No. 19 of 2003]

(a) [Paragraph (a) deleted by section 31 of Act No. 26 of 1994]; or
(b) such information as may be required by the bank or controlling company for the purposes of complying with the provisions of section 38.