Banks Act, 1990 (Act No. 94 of 1990)NoticesDesignation of Institution of which the Activities do not fall within the meaning of "The Business of a Bank"Ithala Soc Limited (A Wholly Owned Subsidiary of Ithala Development Finance Corporation Limited)1. Definitions |
In this Schedule, "the Banks Act" means the Banks Act, 1990 (Act No. 94 of 1990), as amended, and any word or expression to which a meaning has been assigned in the Banks Act or the Regulations relating to Banks shall bear the meaning so assigned thereto and, unless the context otherwise indicates—
"KwaZulu-Natal Ithala Development Finance Corporation Act"
means the KwaZulu-Natal Ithala Development Corporation Act, 2013 (Act No. 5 of 2013);
"Ithala Development Finance Corporation Limited"
formerly known as "KwaZulu-Finance and Investment Corporation Limited" means the development corporation known as Ithala Development Finance Corporation Limited, referred to in section 2 of the KwaZulu-Natal Ithala Development Finance Corporation Act;
"Ithala Corporation"
means Ithala Development Finance Corporation Limited, a public company registered in terms of the Companies Act, 2008 (Act No. 71 of 2008);
"Ithala SOC Limited"
means Ithala SOC Limited, a wholly-owned subsidiary of Ithala Corporation, being a state-owned company registered in terms of the Companies Act, 2008 (Act No. 71 of 2008);
"Regulations relating to Banks"
means the Regulations relating to Banks published under Government Notice No. R. 1029 of 31 December 2012 as amended from time to time;