(1) Within 30 days from the receipt of the authorisation referred to in section 22 a notice of voluntary liquidation, setting out such information as may be prescribed in the prescribed manner, shall be sent by the licensee to all depositors, other creditors and persons otherwise having an interest in the funds or property held by the licensee.
(2) A notice under subsection (1) shall be published in the Gazette, posted conspicuously on the premises of each office and branch of the licensee.
(3) The Minister, may exempt the mailing of such notice to specified persons upon a showing of cause therefore by the licensee.