Acts Online
GT Shield
"liquid assets"

means liquid assets as defined in section 1(1) of the Banks Act, 1990 (Act No. 94 of 1990): Provided that, in the application of that definition for the purposes of this Act, the reference in paragraph (a) of that definition to a minimum reserve balance required to be maintained by a bank shall be construed as a reference to a minimum reserve balance required to be maintained by a mutual bank;