Regulatory Alerts2018-04-01
CIRCULAR NO. F.S. 6
The Office for Financial Institutions issued Circular No. F.S. 6 to notify mutual aid societies of amendments to the Mutual Aid Societies Act introduced by the Financial Institutions Amendment Act, 1968. The circular announces the availability of the Fourth Annual Report of the Registrar of Mutual Aid Societies for the 1966 financial year and provides direct ordering details. It also enforces strict compliance with the six-month statutory deadline for submitting financial statements and statistics, stipulating that extensions will henceforth be granted only upon presentation of valid reasons satisfactory to the Office.
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