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Co-operative Banks Act, 2007 (Act No. 40 of 2007

Chapter VII : Support Organisations

38. Accreditation of support organisation

 

(1) The Agency must grant an application for accreditation on payment of the fee, prescribed by the Agency, if the Agency is satisfied that—
(a) the application has been made in accordance with this Act; and
(b) the support organisation complies with the requirements for accreditation referred to in section 37.

 

(2) The Agency must, on accreditation, issue a certificate of accreditation to a support organisation and publish a notice of the accreditation in the Gazette.