Regulatory Alerts2018-04-01
Circular F.S. 14: Approval of Securities Under the Friendly Societies Act, 1956
The Financial Institutions Office has approved the addition of R12 million in Local Registered Stock issued by the Corporation for Economic Development Limited to the approved securities list for friendly societies under the Friendly Societies Act, 1956. Regulated entities must record these newly approved issues under item 6 of Statement "D" in their prescribed regulatory returns. Auditors are required to review the enclosed circular and return a signed acknowledgement form to the Office to confirm compliance.
FINANCIAL INSTITUTIONS OFFICE Private Bag X238 PRETORIA 0001
13 June 1980
CIRCULAR F.S. 14
(To all friendly societies)
APPROVAL IN TERMS OF SECTION 20(2)(h) OF THE FRIENDLY SOCIETIES ACT, 1956
- The following further issues have been approved and should be added to the list in paragraph 2 of circular F.S.9 of 20 October 1977:
Corporation for Economic Development Limited R12 million Local Registered Stock of May 1980 (Loans Nos. 4 and 5).
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In the prescribed returns these issues should be included under item 6 of Statement "D".
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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.