Co-operative Banks Act, 2007 (Act No. 40 of 2007Chapter VII : Support Organisations38. Accreditation of support organisation |
| (1) | The Agency must grant an application for accreditation on payment of the fee, prescribed by the Agency, if the Agency is satisfied that— |
| (a) | the application has been made in accordance with this Act; and |
| (b) | the support organisation complies with the requirements for accreditation referred to in section 37. |
| (2) | The Agency must, on accreditation, issue a certificate of accreditation to a support organisation and publish a notice of the accreditation in the Gazette. |