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.
The following information is compiled in terms of Regulation 43 relating to banks, issued under Section 90 of the Banks Act, No 94 of 1990 (as amended) (“the Regulations”), which incorporates the Basel Pillar III requirements on market discipline.All disclosures presented below are consistent with those disclosed in terms of International Financial Reporting Standards (“IFRS”), unless otherwise stated.
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.
Any direct or indirect acquisition of the Notes represented by this Certificate by a bank or controlling company, as defined in the Banks Act, or by a non-bank subsidiary of a bank or controlling company, shall be regarded as a deduction against the capital of the acquiring bank or controlling company in question, in an amount equal to the book value of the said investment in the Notes represented by this Certificate.

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 section 1(f) of Act 3 of 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, Act No. 94 of 1990, as amended or any legislation which replaces it;

Banks Act means the South African Banks Act, 1990 (as amended from time to time);