Attorneys Act, 1979 (Act No. 53 of 1979)Chapter II : Fidelity Fund42. Application for and issue of fidelity fund certificate |
| (1) | A practitioner practising on his own account or in partnership, and any practitioner intending so to practise, shall apply in the prescribed form to the secretary of the society concerned for a fidelity fund certificate. |
| (2) | Any application referred to in subsection (1) shall be accompanied by the contribution (if any) payable in terms of section 43. |
| (3) |
| (a) | Upon receipt of the application referred to in subsection (1), the secretary of the society concerned shall, if he is satisfied that the applicant has discharged all his liabilities to the society in respect of his contribution and that he has complied with any other lawful requirement of the society, forthwith issue to the applicant a fidelity fund certificate in the prescribed form. |
| (b) | A fidelity fund certificate shall be valid until 31 December of the year in respect of which it was issued. |
| (4) | Any document purporting to be a fidelity fund certificate which has been issued contrary to the provisions of this Act shall be null and void and shall on demand be returned to the society concerned. |