Co-operative Banks Act, 2007 (Act No. 40 of 2007)RulesRules for Representative Bodies and Support OrganisationsChapter 3 : Support Organisations10. Requirements for continued accreditation |
In order to retain its accreditation, an accredited Support Organisation, must—
| (a) | Annually, within three months of the end of its financial year, re-apply on FORM-SOF1 for accreditation, and satisfy the Agency that it continues to meet the requirements for accreditation; |
| (b) | Include in its submission under (a) above, the following: |
| (i) | a performance report; and |
| (ii) | a report on the support provided to each co-operative bank and/or co-operative financial institutions that it represents. |