Registrar of Banks definition

Registrar of Banks means the South African Registrar of Banks designated under section 4 of the Banks Act;
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Registrar of Banks. ’ means the Registrar of Banks designated as such under 50
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Registrar of Banks. ’ means the Registrar of Banks designated as such under section 4 of the Banks Act, 1990 (Act No. 94 of 1990);
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Examples of Registrar of Banks in a sentence

  • Citibank, N.A. (Registration number 1995/007396/10) was authorized by the Office of the Registrar of Banks at the South African Reserve Bank (SARB) to conduct the business of a bank by means of a branch in South Africa in July 1995.

  • For so long as the applicable Capital Regulations so provide, any redemption of Tier 2 Notes prior to the applicable Maturity Date(s) (including but not limited early redemption for tax reasons) will require the prior written approval of, and must be in accordance with the Additional Conditions (if any) approved by, the Registrar of Banks.

  • For the avoidance of doubt and notwithstanding anything to the contrary in the Conditions, no lawful actions of whatsoever nature taken by the Issuer in accordance with, and/or to give effect to, the Capital Regulations and any other Applicable Law, regulation or guidance note issued by the Registrar of Banks and/or instructions received from the Registrar of Banks (the “ Write Off Parameters”), will amount to a breach under the Tier 2 Notes and/or constitute an Event of Default under the Conditions.

  • Meetings, updates, trends and strategies are reported to the Registrar of Banks on a regular basis.

  • Capital Notes The issue of Capital Notes requires the prior written approval of the Registrar of Banks in terms of section 79(1)(b) of the Banks Act.

  • It is obligatory for banks to comply with such directives.The Banks Act and Regulations Relating to Banks, circulars, directives and guidance notes issued by the Registrar of Banks set out the framework governing the formal relationship between South African banks and the Bank Supervision Department of the SARB.

  • Directives may be issued by the Registrar of Banks, after consultation with the relevant parties, regarding the application of the Banks Act.

  • To the extent that any Tier 2 instruments are issued prior to the commencement of the SLAR, such Tier 2 instruments will have to contractually provide for write off or Conversion (at the discretion of the Registrar of Banks at the occurrence of a Trigger Event, as write off and Conversion are understood and applied in terms of the regulatory framework applicable at the time of the issuance of such Tier 2 instruments) in order to qualify as Tier 2 Capital.

  • The terms and conditions of the Tranches of Tier 2 Notes issued under this Programme accordingly provide for the write off of Tier 2 Notes (or a Relevant Part thereof) at the discretion of the Registrar of Banks upon the occurrence of a Trigger Event (see Condition 6.5 (Write off of Tier 2 Notes upon a Trigger Event) (as inserted by paragraph 5 of Annexure C to this Applicable Pricing Supplement)).

  • The Bank and representatives of the office of the Registrar of Banks meet on a regular basis.


More Definitions of Registrar of Banks

Registrar of Banks means the person referred to in section 4 of the Banks Act, 1990 (Act No. 94 of 1990)
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Registrar of Banks means the “Registrar” as contemplated in the Banks Act;
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Registrar of Banks means the Registrar of Banks designated as such in terms of the Banks Act;
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Registrar of Banks means the Registrar of Banks appointed under the Banks Act;
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Registrar of Banks means the Registrar of Banks appointed in terms of the Banks Act;
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Registrar of Banks means the Registrar of Banks in accordance with the Banks Act;
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Related to Registrar of Banks

  • Registrar of Companies means the Registrar of Companies appointed under the Companies Act;

  • Registrar of Deeds means the Registrar of Deeds and Transfers under the Registration of Deeds Act 1856;

  • Registrar Agreement means the Bond Registrar Agreement between the County and the Bond Registrar, as it may be modified from the form on file with the Council Clerk and signed by the County Executive and the Fiscal Officer in accordance with Section 4.

  • Paying Agent/Registrar Agreement means the Paying Agent/Registrar Agreement between the Paying Agent/Registrar and the District relating to the Bonds.

  • National Register of Historic Places means the list of districts, sites, buildings, structures and objects significant in American history, architecture, archaeology, engineering and culture, authorized by the National Historic Preservation Act of 1966, as amended, and administered by the U.S. Department of the Interior, National Park Service. The list of Properties on the National Register of Historic Places in Florida is available from the Division.

  • Deputy Secretary means the person holding, acting in, or performing the duties of Deputy Secretary of Higher Education and Skills in the Department.

  • Deputy Commissioner means the Deputy Commissioner of the district;

  • National Commissioner means the National Commissioner of the South African Police Service, appointed by the President under section 207(1) of the Constitution of the Republic of South Africa, 1996;