| (1) |
If a Bank employee or a Board member, or any adviser, agent, inspector or valuer employed by the Bank directly or indirectly accepts any fee or reward for his or her personal advantage from any person in respect of or in connection with any financial service rendered or offered by the Bank or any application for such financial service, he or she is guilty of an offence. |
| (2) |
Any person who bribes or attempts to bribe, or corruptly influences or attempts to corruptly influence a Bank employee or Board member, or any adviser, agent, inspector or valuer employed by the Bank in connection with any financial service rendered or offered by the Bank under this Act or with any application for such financial service, is guilty of an offence. |
| (a) |
having any pecuniary interest in any land offered as security for financial services rendered or offered by the Bank under this Act; |
| (b) |
being a creditor or debtor of an applicant for any financial services rendered or offered by the Bank under this Act, or being related to or being a business or life partner of such an applicant; |
| (c) |
if the applicant is a company, being a director or shareholder thereof, or being related to or being a business or life partner of such director or shareholder; or |
| (d) |
if the applicant is a close corporation, being a member thereof, or being related to or being a business or life partner of such member, |
act, as a valuer in connection with the land offered as security for any financial service rendered or offered by the Bank, or as an adviser in connection with such financial service, or attends any meeting of the Board and votes upon any resolution having reference to such land or financial service, is guilty of an offence.
Statistics Act, 1999
