Section 117

117. (1) Moabelwalaesense o tshwanetse go begela bothati jo bo rwalang maikarabelo jo bo rebotseng laesense ka potlako nngwe le nngwe ya tse di latelang:

(a) Ntlha ya gore laesense e tlotse kgotsa e tlola, ka mokgwa o o fetang tekano— 50

(i) molao wa lephata la ditshelete;

(ii) taelo ya molaodi kgotsa taelo go ya ka karolo 202;

(iii) tumalano e e gatelelwang;

(iv) taelo ya kgotlatshekelo e e dirilweng go ya ka molao wa lephata la ditshelete; kgotsa

(v) tshwetso ya Lekgotla;

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128 No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

# CONTINUES ON PAGE 130 - PART 2

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# Government Gazette

REPUBLIC OF SOUTH AFRICA

Vol. 626

Cape Town

Kaapstad

22 August 2017

No. 41060

## PART 2 OF 5

### THE PRESIDENCY

No. 853

22 August 2017

It is hereby notified that the President has assented to the following Act, which is hereby published for general information:—

Act No. 9 of 2017: Financial Sector Regulation Act, 2017

### MO-PRESIDENTE

No. 853

22 August 2017

Mo go tsebiswa gore Mo-Presidente o dumetse molao o latelago, wona o tla gatiswa e le tsebiso ya kakaretso:—

Nmr 9 ya 2017: Mola o wa Taolo ya Lephata la Ditshelete, 2017

ISSN 1682-5843

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AIDS HELPLINE: 0800-0123-22 Prevention is the cure

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No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

Act No. 9 of 2017

Financial Sector Regulation Act, 2017

128

(b) the fact that the licensee has become aware that information given in connection with the application for the licence was false or misleading.

(2) Subsection (1) also applies in relation to events and circumstances that occur while a licence is suspended.

(3) Information that is reported in terms of this section is not admissible in evidence in any criminal proceedings, except in criminal proceedings for perjury. 5

## Licences not transferable

118. A licence is not transferable from the licensee to another person.

## Variation of licences

119. (1) The responsible authority that issued a licence may, by notice to the licensee, 10 vary the licence if to do so will assist in achieving the objective of the responsible authority as set out in section 33 or 57.

(2) A variation of a licence may include—

(a) removing or varying a condition of the licence, or adding a condition; and

(b) changing the categories of financial products, financial services or financial 15 customers to which the licence relates.

(3) A variation of a licence takes effect on a date of the notice in terms of subsection (1) or, if a later date is specified in the notice, the later date.

## Suspension of licences