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(1) For purposes of consolidated supervision or any other specialised supervision, a bank or specialised deposit-taking institution that is a member of a corporate group shall at least twice in each year at times prescribed by the Bank of Ghana, furnish the Bank of Ghana with a complete organisational structure of the group.

(2) The organisational structure shall include

(a)  a diagram of the group,

(b) direct  and  indirect  affiliates  and  associates  of  the  bank  or specialised deposit-taking institution,

(c) the  nature  of  the  relationship  between  the  affiliates and associates and the group, and

(d) any other information that the Bank of Ghana may require.

(3) Where there is a change to the structure of the corporate group that is not otherwise subject to approval of the Bank of Ghana under this Act, the bank or specialised deposit-taking institution shall report to the Bank of Ghana within the time frame prescribed by the Bank of Ghana.