Protection of Businesses Act, 1978
R 385
Sheriffs Act, 1986 (Act No. 90 of 1986)Chapter III : Position of Trust of SheriffsFidelity fund certificates32. Issue of fidelity fund certificates |
| (1) | If the Board is satisfied, after consideration of an application referred to in section 31, that the sheriff is, having regard to the provisions of section 33, a suitable person to hold a fidelity fund certificate, the Board shall issue to him a fidelity fund certificate on the prescribed form. |
| (2) | A fidelity fund certificate shall be valid until 31 December of the year in respect of which it has been issued. |
| (3) | Notwithstanding the provisions of subsection (2), the Board may at any time issue to an acting sheriff a fidelity fund certificate having a period of validity of not less than one month and not more than one year. |
[Section 32(3) substituted by section 10 of Act No. 74 of 1998]
