Co-operative Banks Act, 2007 (Act No. 40 of 2007)RegulationsRegulations in terms of Section 86Part 5 : Large exposures of co-operative bank [Section 23] |
| 5. | A co-operative bank may not without the approval of the supervisor make an investment with anyone person or related person or grant a loan to anyone member or related person, which investment or loan, alone or together with all existing investments or loans made or granted to that member and related person, exceeds the lesser of 10 percent of the total assets held by or 25 percent of the capital of the co-operative bank. |