Statutes section 110
Section 110
In force date not confirmed
110. (1) Different standards may be made for, or in respect of—
(a) different categories of financial institutions, representatives, contractors or key persons; or 50
(b) different circumstances.
(2) A standard may be made applicable to existing actions, activities, transactions, policies and appointments.
(3) A standard must be published on the maker's website.
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GOVERNMENT GAZETTE, 22 AUGUST 2017
No. 41060 123
Molao wa Taolo ya Lephata la Ditshelete, 2017
Nmr 9 ya 2017
123
(iii) kemo ya ditshelete;
(b) puso, go akaretsa mabapi le—
(i) popego, botokololo le tsamaiso ya mokgatlho o o busang le wa ditlhophatlaleletso tsa mekgatlho e e busang; le
(ii) ditiro le maikarabelo a mekgatlho e e busang le ditlhophatlaleletso tsa yona;
(c) go thapiwa, ditiro, maikarabelo, tuelo, tebogo, dikema tsa thotloetso, le go ya ka melawana ya tiro, go sekegwa le go belesetswa ga maloko a mekgatlho ya puso le ditlhophatlaleletso tsa yona;
(d) go thapiwa, ditiro, maikarabelo, tuelo, tebogo, dikema tsa thotloetso, le go ya ka melawana ya tiro, go sekegwa le go belesetswa ga batho ba ba botlhokwa;
(e) tiro ya, le ditlhokego tsa tiro tsa, ditheo tsa ditshelete;
(f) taolo ya ditshelete, go akaretsa le—
(i) ditlhokego tsa palotlotlo, bogakolodi le boruni;
(ii) taolo ya dithoto, sekoloto, tirisano, kgobokanyo le tatlho; le 15
(iii) dikanego tsa ditshelete, dipeonakong tsa maemo a ditshelete, le pegelo go setshaba le ditshenolo;
(g) taolo ya dikotsi le ditlhokego tsa taolo ya ka fa gare;
(h) ditiro tsa taolo tsa ditheo tsa ditshelete, go akaretsa le go batla tirelo ya konteraka ya ditiro tsa taolo go tswa kwa ntle; 20
(i) tsholo ya direkoto le taolo ya tshedimosetso ke ditheo tsa ditshelete le dikemedi;
(j) pegelo ka ditheo tsa ditshelete le dikemedi go bolaodi jwa lephata la ditshelete;
(k) dithulaganyo tsa go bona tirelo ya konteraka go tswa kwa ntle ke ditheo tsa 25 ditshelete;
(l) dithulaganyo tsa inšorense, go akaretsa le go inšorwa gape, ga ditheo tsa ditshelete;
(m) kopano, tlhakano, tirisano, tatlho le phatalatso ya ditheo tsa ditshelete;
(n) namolo ya kgwebo le tswelelo ya ditheo tsa ditshelete; 30
(o) ditlhokego tsa go supa le go laola thulano ya dikgatlhego; le
(p) ditlhokego tsa go boloka dithoto ka tshireletsego, go akaretsa le ditlhokego mabapi le thebolo le tlhokomelo ya ba ka kgethilweng le badisi.
(2) Maemo a ka—
(a) tlamela mabapi le bolaodi jwa lephata la ditshelete kgotsa Banka ya Resefe go 35 dira ditlhomamiso, go tsamaelana le ditsamaiso tse di tlhalositsweng mo maemong, mabapi le maitlhomo a maemo; le
(b) pateletsa ditlhokego mabapi le thebolo ka bolaodi jwa lephata la ditshelete mabapi le merero e tsepamisitsweng.
(3) Maemo a a dirilweng ke bolaodi jwa lephata la ditshelete a ka tlhabolola kgotsa a 40 gogela morago maemo a mangwe a a dirilweng ke bolaodi jwa lephata la ditshelete.
Maemo a a tlhokang tumelelo ya Banka ya Resefe
109. (1) Bothati jwa Boitshvaro jwa Lephata la Ditshelete bo ka se dire maemo a a gobelelang ditlhokego mo batlameding ba ditirelo tsa tuelo ntle le tumalano ya Banka ya Resefe. 45
(2) Molaodi wa lephata la ditshelete o ka se dire maemo a a ikaelelang go thusa go tshegetsa tlhomamo ya ditshelete ntle le tumalano ya Banka ya Resefe.
Kakaretso
110. (1) Maemo a a farologaneng a ka direlwa, kgotsa mabapi le—
(a) ditlhopha tse di farologaneng tsa ditheo tsa ditshelete, baemedi, beng ba ba 50 botlhokwa, bakonteraka kgotsa batho ba ba botlhokwa; kgotsa
(b) mabaka a a farologaneng.
(2) Maemo a ka dirwa go tsamaelana le dikgato, ditiro, ditirisano, dipholisi le dithapo.
(3) Maemo a tshwanetse go phasalatswa mo webesaeteng ya modiri.
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No. 41060
GOVERNMENT GAZETTE, 22 AUGUST 2017
Act No. 9 of 2017
Financial Sector Regulation Act, 2017
124
## CHAPTER 8
## LICENSING
### Part 1
#### Licensing requirements
Licence requirement in respect of providers of financial products and financial services, and market infrastructures 5
111. (1) A person may not provide, as a business or part of a business, a financial product, financial service or market infrastructure except—
(a) in accordance with a licence in terms of a specific financial sector law, the National Credit Act or the National Payment System Act; or
(b) if no specific financial sector law provides for such a licence, in accordance with a licence in terms of this Act.
(2) A person may not provide, as a business or part of a business, a financial product designated in terms of section 2, or a financial service designated in terms of section 3, except in accordance with a licence in terms of this Chapter. 15
(3) Subsections (1) and (2) only apply to a contractor if a responsible authority specifically, in a standard, requires that contractor to be licensed.
(4) A person may not describe or hold itself out as being licensed in terms of a financial sector law, including being licensed to provide particular financial products, financial services or market infrastructure, unless that person is so licensed.
(5) A person may not permit another person to identify the first person as licensed in terms of a financial sector law, including licensed in terms of a financial sector law to provide particular financial products, financial services or market infrastructure, unless the first person is so licensed.
(6) For the purposes of subsections (4) and (5), a person whose licence has been suspended or revoked is not licensed.
(7) Except to the extent expressly provided by this Act, this Act does not affect the provisions of the specific financial sector laws with respect to licensing in relation to financial products, financial services and market infrastructures.
### Part 2
30
#### Licences required in terms of section 111(1)(b) or (2) or section 162
##### Interpretation
112. In this Part—
“application” means an application for a licence required in terms of section 111(1)(b) or (2) or section 162; 35
“licence” means a licence required in terms of section 111(1)(b) or (2) or section 162;
“licensee” means a person licensed in terms of section 111(1)(b) or (2) or section 162.
##### Power to grant licences
40