Section 79A: Amendment of list of domestic politically exposed persons

79A. Amendment of list of domestic politically exposed persons

(1) The Minister may, by notice in the Gazette, amend the list of domestic politically exposed persons in Schedule 3A to—

(a) add to the list any person or category of persons;

(b) delete any person or category of persons mentioned in paragraph (a)(x) in the list; or

(c) make technical changes to the list.

(2) Before the Minister amends Schedule 3A in terms of subsection (1), the Minister must—

(a) in the Gazette, give notice where a draft of the amendments will be available and invite submissions; and

(b) consider submissions received.

(3) Any addition to or deletion from the list of persons in Schedule 3A in terms of subsection (1) must, before publication in the Gazette, be submitted to Parliament for its approval.