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Section 9, The Banking Act, 1964

Status not yet checkedThe Banking Act, 1964, Sierra Leone

(1) Every licensed bank shall (a) exhibit throughout the year in a conspicuous position in every office and branch of that bank in Sierra Leone a copy of its latest audited balance sheet, together with the full and correct names of all persons who are directors or partners of that bank as soon as it is available; (6) publish a copy of its latest audited balance sheet in at least one daily Sierra Leone newspaper; (c) once at least in every calendar year forward both to the Minister and to the Central Bank a copy of its latest audited balance sheet and profit and losS account. (2) Any licensed bank which fails to comply with para graphs (a), (b) or (c) of subsection (1) shall be guilty of an ofence and, on conviction be liable to a fine not exceeding five hundred pounds. PART III DUTIES OF LICENSED BANKS

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