Contents of Section

Chapter:

581A PDFTitle:DEPOSIT PROTECTION SCHEME (REPRESENTATION ON SCHEME MEMBERSHIP AND PROTECTION OF FINANCIAL PRODUCTS UNDER SCHEME) RULESGazette Number: L.N. 131 of 2010
Section:6FHeading:Display of notice of types of deposit qualified for protection by SchemeVersion Date:01/01/2011

(1) A Scheme member must display a notice in accordance with subsections (2) and (3) notifying the public of the types of deposit maintained with the Scheme member immediately before 1 January 2011 that are qualified for protection by the Scheme from 1 January 2011 onwards.
(2) The notice referred to in subsection (1) must be displayed, for a period of at least 60 days beginning on 1 January 2011, at each of the relevant places of business of the Scheme memberˇX

    (a) in such a manner that the notice is reasonably visible to any person entering the place; and
    (b) if the Scheme member is not the only person carrying on business at the address of the relevant place of business, at such a location, and in such a manner, that any person entering the place should reasonably be aware that the notice is applicable to the Scheme member only, but not any other person.
(3) The notice displayed under this section must comply with the requirements in section 7B(2).