Law library · Sierra Leone · The Banking Act, 1964
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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