Banks Act, 1990 (Act No. 94 of 1990)RegulationsRegulations relating to BanksChapter II : Financial, Risk-based and other related Returns and Instructions, Directives and Interpretations relating to the completion thereof18. Balance sheetDirectives and interpretations for completion of monthly balance sheet (Form BA 100) |
| (1) | The content of the relevant return is confidential and not available for inspection by the public. |
| (2) | In accordance with the relevant requirements specified in regulation 3 of these Regulations, unless expressly otherwise stated in this regulation 18 or the form BA 100 or directed in writing by the Registrar, the form BA 100 shall be prepared in accordance with Financial Reporting Standards issued from time to time, with additional disclosure when required, provided that— |
| (a) | in the absence of a specific Financial Reporting Standard and an approved interpretation reference shall be made to the relevant pronouncements of the International Accounting Standards Board; |
| (b) | any uncertainty or difficulty experienced in this regard shall be referred to the Registrar for an appropriate directive. |
| (3) | A bank shall complete the form BA 100 in accordance with such instructions or requirements as may be determined or directed in writing by the Authority. |
[Regulation 18(3) substituted by section 4 of Notice 5802, GG52013, dated 31 January 2025, shall come into operation on 1 February 2025]