Co-operatives Act, 2005 (Act No. 14 of 2005)

Regulations

Co-operatives Administrative Regulations, 2016

Chapter 1 : Co-operative Registration and Support

Part 1 : Co-operative Registration, Governance and Maintenance

10. Manner, proof and date of payment

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(1)The payment of all prescribed fees, additional fees and other moneys payable to the Registrar in terms of the Act, these Regulations or in relation to any form prescribed in these Regulations, must be effected in such manner, including such electronic form of payment, as the Registrar may direct.

 

(2)Proof of payment of such fees, additional fees or other moneys shall be furnished in accordance with the Registrar's requirements for such payment or, if such payment is electronically effected through the CIPC system, in accordance with the operational requirements.

 

(3)The date of payment of fees, additional fees or other moneys referred to in sub-regulation (1), shall be the date, as the case may be—
(a)on which a payment was made in a manner contemplated in sub-regulation (1); or
(b)as indicated on the electronic billing system when the electronic transaction on the billing system was performed.