S.L. 331.5 · Trusts And Trustees Act (Registration Of (S.L. 331.5)
S.L. 331.5 Art. 4Power to refuse or grant registration. Cap. 55.
(1) Registration to act as a qualified person shall be subject to a determination in writing by the Authority on whether to grant or refuse such registration under these regulations.
(2) The Authority may grant registration subject to such conditions as it may deem appropriate.
(3) Furthermore, the Authority may vary or revoke any condition so imposed or impose new conditions from time to time.
(4) The Authority shall not proceed to register a notary to act as a qualified person unless it is satisfied that:
(a) the notary is in possession of a warrant in terms of the Notarial Profession and Notarial Archives Act;
(b) the notary is fit and proper to carry out the duties of a qualified person; and
(c) the notary shall comply with and observe the provisions of the Act and any rules and regulations issued thereunder.
(5) Upon being satisfied that the conditions prescribed in sub-regulation (4) have been complied with, the Authority shall proceed to register such notary in a register kept for the purpose of these regulations and the notary shall thereafter comply with the provisions of article 43(9) and (10) of the Act.
Renvoie à
- S.L. 331.5 Art. 43