Section 15 (Act 18 of 1891 to apply to depositories) under Chapter III (Rights and Obligations of Depositories, Participants, Issuers and Beneficial Owners) of the Depositories Act 1996 ⦂‒

❝The Bankers’ Books Evidence Act, 1891 shall apply in relation to a depository as if it were a bank as defined in section 2 of that Act.❞

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Notes:

The Depositories Act 1996 was amended by the:

- Depositories Related Laws (Amendment) Act, 1997 (Act No. 08 of 1997);

- Securities Laws (Second Amendment) Act, 1999 (Act No. 32 of 1999);

- Securities Laws (Amendment) Act, 2004 (Act No. 01 of 2005);

- Securities Laws (Amendment) Act, 2014 (Act No. 27 of 2014);

- Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016 (Act No. 44 of 2016);

- Finance Act, 2017 (Act No. 07 of 2017).