Medical Schemes Act, 1998 (Act No. 131 of 1998)
Regulations in terms of the Medical Schemes Act
Chapter 6 : Administrators of medical schemes
24. Safe custody of documents of title
|1)||Whenever a document of title relating to assets held by a medical scheme or to be held on behalf of a medical scheme comes into possession of the administrator, the administrator must make adequate arrangements to ensure the continued safety of the assets held in safe custody.|
|2)||The administrator must mark the document referred to in subregulation (1) in a manner which will render it possible to establish readily that the medical scheme is the owner of such assets, and maintain a register to identify ownership of assets.|
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