No.12 BAI'.'KIKG Arvffi"UMENT (ii) within ten days after deciding to refuse to register an applicant, the Registrar shall notify the applicant, in writing, of the decision and of the reasons for it. (5) The period between the Registrar's receipt of an application in terms of subsection (1) and all documents and infonnation submitted in support of it, and the date on which he or she notifies the applicant of his or her decision or proposed decision in terms of subsection (4) shall not exceed six months unless the applicant consents to an extension of the period. (6) Registration of a controlling company shall be subject to such terms and conditions as may be prescribed or as the Registrar may reasonably determine. 15H Register of controlling companies (1) The Registrar shall maintain, or cause to be maintained, a register of controlling companies in which shall be recorded, in relation to each such company(a) its name; and (b) its registered office, that is to say, its address for service of notices, legal process and other official communications; and (c) the banking institution which it controls; and (d) any terms and conditions subject to which it is registered; and (e) any amendment or cancellation of its registration. (2) The register kept in tem1s of subsection (1) shall be open for inspection by members of the public at all reasonable times at the office of the Registrar on payment of the prescribed fee, if any. 151 Amendment of registration of controlling company (1) Subject to this section, the Registrar may at any time amend a controlling company's registration or any term or condition of its registration- (a) (b) (c) to correct an error; or if the company requests the amendment; or if for any other reason the Registrar considers the amendment necessary or desirable in the public interest. (2) Before amending a controlling company's registration in terms of subsection (1), otherwise than at the company's request, the Registrar shall notify the company, in writing, of the nature of the amendment he or she proposes to make and of the reasons for wishing to make it, and shall give the company an adequate opportunity to make representations in the matter. (3) If the Registrar refuses to make an amendment in terms of subsection (1) at the company's request, he or she shall, within ten days after reaching the decision, notify the company, in \vriting, of the decision and of the reasons for it. 220 2015