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

Rules

Rules for Representative Bodies and Support Organisations

Chapter 3 : Support Organisations

10. Requirements for continued accreditation

 

[Section 39]

 

In order to retain its accreditation, an accredited Support Organisation, must—

(a) Annually, within three months of the end of its financial year, re-apply on FORM-SOF1 for accreditation, and satisfy the Agency that it continues to meet the requirements for accreditation;
(b) Include in its submission under (a) above, the following:
(i) a performance report; and
(ii) a report on the support provided to each co-operative bank and/or co-operative financial institutions that it represents.