Co-operative Banks Act, 2007 (Act No. 40 of 2007)

Chapter XI : Offences and Penalties

78. Untrue information in connection with applications
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It is an offence for any person in connection with an application for registration as a co-operative bank or a co-operative financial institution to provide any information that to the knowledge of such person is untrue or misleading in any material respect.

 

[Section 78 substituted by section 290, item 20 in Schedule 4, of Act No. 9 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)]