Statistics Act, 1999
R 385
Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001)Board NoticesGuidelines on the Conduct of Curators6. Statutory requirements and record keeping |
| (1) | A curator must ensure that all accounting and other statutory requirements pertaining to the institution are complied with, including— |
| (a) | the keeping of proper accounting and financial records; |
| (b) | the preparation and auditing of financial statements; |
| (c) | the submission of prescribed reports and returns to the registrar and other applicable authorities. |
| (2) | A curator must keep records and minutes of all formal meetings held during the course of the curatorship. |
| (3) | A curator must ensure the safekeeping of all records and documents of the institution or investors and may not destroy any record or document without the prior written approval of the registrar. |
| (4) | Despite the provisions of subparagraphs (1), (2) and (3), the curator may on good cause apply to the registrar to be exempted or partially exempted from compliance with this paragraph; provided that in the case of subparagraph (1), the registrar is empowered by the applicable legislation to grant such exemption. |
