Mutual Banks Act, 1993 (Act No. 124 of 1993)

Chapter IX : General Provisions

87. Inspection, copies and keeping of documents

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(1)Any person may upon payment of the prescribed fee—
(a)inspect any document specified in subsection (2) and kept by the Registrar in terms of this Act;
(b)obtain a certificate from the Registrar as to the contents or any part of the contents of any such document; or
(c)obtain a copy of or extract from any such document.

 

(2)The documents referred to in subsection (1) are—
(a)certificates of provisional or final registration or of the registration of an alteration of the articles or of a change of name of mutual banks;
(b)articles of mutual banks;
(c)copies of notices, reports, returns, statements or minutes lodged with the Registrar in terms of section 43, 44 or 53, excluding any return or statement so lodged by means or under cover of a prescribed form that in terms of the regulation prescribing it, is to be treated as confidential and not available for inspection by the public.

 

(3)The Registrar shall keep the documents specified in paragraph (c) of subsection (2) for a period of at least 10 years: Provided that the Registrar shall not be required to keep the said documents which relate to a mutual bank the registration of which has lapsed or been cancelled, for a period longer than five years as from the date of termination of such registration.

 

(4)If the Registrar is of the opinion that a person requires an inspection or any certificate, copy or extract referred to in subsection (1) to promote any public interest, he may exempt that person from the obligation to pay the prescribed fee in respect of such inspection, certificate, copy or extract.