Banks Act definition

Banks Act means the Banks Act, 1990 (Act No. 94 of 1990);
Banks Act. ’ means the Banks Act, 1993 (Act No.124 of 1993);
Banks Act means the Banks Act, 1990;

Examples of Banks Act in a sentence

  • Administration of the Regional Rural Banks Act, 1976 (21 of 1976).

  • The Bank is subject to minimum capital requirements as defined in the Banks Act and Regulations pertaining to Banks.The Risk Management Committee considers the various risks faced by the Bank and analyses the need to hold capital against these risks whilst taking account of the regulatory requirements.

  • Muller - YesMr. Cuccio - Yes Mr. Tasker - YesMr. Hanisch - Yes Mrs.

  • The capital requirements are calculated based on the Banks Act 94 of 1990 (Banks Act), relevant regulations, directives and guidance notes issued by the PA.

  • A municipality may not open a bank account: • otherwise than in the name of the municipality;• abroad; or• with an institution not registered as a bank in terms of the Banks Act 1990.


More Definitions of Banks Act

Banks Act means the Banks Act, 94 of 1990, as amended;
Banks Act means the Banks Act, 1990, as amended or replaced from time to time;
Banks Act means the Banks Act, 1990 (Act No. 94 of 1990);[Definition of “Banks Act” substituted by s. 1 of Act 3/2011]
Banks Act. ’ means the South African Banks Act, 1990; ‘‘Business Day’’ means:
Banks Act means the Bank Act, No. 94 of 1990;
Banks Act means the Banks Act, 1990 (Act 94 of 1990) of South Africa, as
Banks Act means the Banks Act, Act No. 94 of 1990, as amended or any legislation which replaces it;