Land and Agricultural Development Bank Act, 2002 (Act No. 15 of 2002)Part V : Administrative and Transitional Matters51. Inspections on behalf of Bank |
| (1) | An employee of the Bank, a valuer appointed or instructed in terms of section 50(2) or any other person authorised in writing by the Bank may, subject to subsection (2), enter upon and inspect any property relating to an agreement with the Bank. |
| (2) | A person referred to in subsection (1) may— |
| (a) | enter and inspect property referred to in subsection (1) at any reasonable time during the day for purposes of ascertaining whether an advance has been or is being applied properly and whether the conditions of any advance are being observed, or for valuation purposes; |
| (b) | make extracts from any document or information system which are necessary for the purposes of the inspection; and |
| (c) | in writing require the owner or occupier of the property, or the agent of the owner or occupier, to give that person written particulars regarding the property which are necessary for the purposes of the inspection. |