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2018-04-01

Circular F.S. 17: Approval of Venda Development Corporation Bridging Financing Issue

The Registrar of Friendly Societies issued Circular F.S. 17 to approve the 8.9% Venda Development Corporation Bridging Financing loan as a permissible investment under the Friendly Societies Act of 1956. Friendly societies must record this approved issue under new item 6A of Statement D in their prescribed regulatory returns. Each society must forward the circular to its auditor and return the signed acknowledgement form to the Registrar.

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South Africa

Financial Sector Conduct Authority

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FINANCIAL INSTITUTIONS OFFICE Private Bag X238 PRETORIA 0001

29 January 1981

CIRCULAR F.S. 17 (To all friendly societies)

APPROVAL IN TERMS OF SECTION 20(2)(i) OF THE FRIENDLY SOCIETIES ACT, 1956

  1. The following further issue has been approved and should be added to the list in paragraph 2 of circular F.S.9 of 20 October 1977 :

8,9% Venda Development Corporation Bridging Financing (Loan No. 1).

  1. In the prescribed returns this issue should be included under a new item 6A of Statement "D".

  2. A copy of this circular is enclosed for your auditor. Kindly have the attached acknowledgement form signed by him also before returning it to this Office.

(Signature) REGISTRAR OF FRIENDLY SOCIETIES /PL

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