Page 14 - Robin Twaddle PTG 2017 Digital

If applicable, the bank, and the bank’s attorneys granting the bond may require the same
documents as listed below. The documents required are as follows:

Trust
◆◆ Verification of all authorised Trustees and Beneficiaries (income tax, identity numbers

and residential addresses)
◆◆ Letters of authority to act as Trustees
◆◆ Copy of the Trust Deed
◆◆ Resolution authorising Trustee to act on the Trust’s behalf in the property transaction
◆◆ Income tax number of the Trust
◆◆ VAT number of the trust (where applicable)
◆◆ For bond registrations, financial institution may require financial statements and/or

personal suretyship from the Trustees

Company/Close Corporation
◆◆ Verification of all Directors and shareholders/members (income tax, identity numbers

and residential addresses)
◆◆ Memorandum of Incorporation/Founding Statement (and amended where applicable)
◆◆ CoR 39 Certificate (Certificate of Director amendments)
◆◆ Resolution authorising Director/Member to act on entity’s behalf in the property

transaction
◆◆ Income tax and VAT number of the company/CC (where applicable)
◆◆ For bond registrations, financial institution may require financial statements and/or

personal suretyship from the shareholders/members

Natural Person
◆◆ Identity document(s)
◆◆ Income tax registration number (latest tax return submitted to SARS and VAT number –

where applicable)
◆◆ Proof: marital status:marriage certificate, antenuptial contract, divorce orders
◆◆ Consent papers (where applicable)
◆◆ Either a utility bill (water or lights), or a levy account that is addressed to the natural

person at his or her residential address

Estate agent
◆◆ VAT details, income tax details of agency and agent involved in the transaction

These lists are not exhaustive and are intended to give an idea of the required
documentation for FICA compliance.

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