Fickle

The South African FIC corpus, mapped.

Corpus last synced 15 May 2026 at 11:22 SAST.

Automated best effort research support. Fickle uses deterministic rules and AI assistance to resolve relationships and statuses where it can. It can be wrong, incomplete, or superseded. Check the cited source before relying on it.

Statutes section 195

Section 195

In force date not confirmed

195. (1) Khansele ya Ombud e ka, ka kitsiso e e kwetsweng, lopa modirakopo ya kamogelo—

(a) go naya Khansele ya Ombud tshedimosetso ya tlaelelso kgotsa dikwalo tse di tsepamisitsweng ke Khansele ya Ombud; le

(b) go netefatsa tshedimosetso e e neetsweng ke modirakopo mabapi le kopo ka mokgwa o o tsepamisitsweng ke Khansele ya Ombud.

(2) Khansele ya Ombud ga e tlhoke go tswelelela go dira ka kopo go fitlhela modirakopo a ikamantse le kitsiso, e e tlhalositsweng mo karolotlaleletsong (1).

## Tlhomamiso ya ditiiso

196. (1) Khansele ya Ombud e tshwanetse go tlhomamisa kopo ya kamogelo go ya ka karolo 194 ka go—

(a) amogela kopo le go itsise modirakopo ka nepagalo; kgotsa

(b) gana kopo le go itsise modirakopo ka nepagalo.

(2) Khansele ya Ombud e ka amogela kopo ya go amogelwa go latela mabaka a a neetsweng ke Khansele ya Ombud.

(3) Khansele ya Ombud ga e a tshwanela go amogela sekema sa ombud sa bodirelo 20 ntle le fa e kgotsofetse gore—

(a) palo e e bonalang ya ditheo tsa ditshelete e tla nna maloko a sekema sa ombud sa bodirelo, fa e ka amogelwa;

(b) melawana ya go busa ya sekema sa ombud sa bodirelo—

(i) e supa dikuno tsa ditshelete kgotsa ditirelo tsa ditshelete tse di amanang 25 le sekema sa ombud sa bodirelo kgotsa mo lebakeng la dithulaganyetso tsa popegotheo ya mmaraka, ditirelo tse di e tlamelang;

(ii) se lopa maloko a sekema sa bodirelo jwa ombud go itsise barekedi ba ditshelete ka ga sekema le ka moo b aka ikgolaganyang le go ngongoregela kwa sekemeng, ka seelo se se dumetsweng ke sekema mabapi le maloko a sona;

(iii) e dira kabelo e e lekaneng e bile e le maleba ya go dira dingongorego;

(iv) e tlama semolao maloko a sekema sa ombud sa bodirelo; le go gatelelwa ke mokgatlho o o busang wa sekema sa ombud sa bodirelo;

(v) e tlhoka leloko lengwe le lengwe la sekema sa ombud sa bodirelo go 35 ikamanya le, le go diragatsa, tlhomamiso nngwe le nngwe ya ombud e e dirilweng go ya ka sekema sa ombud sa bodirelo;

(vi) e dira kabelo e e lekaneng ya go tlhokomelwa le go elwa tlhoko ga tiro ya sekema sa ombud sa bodirelo, dipeelo le mabaka, go akaretsa le mogolo le dikunomolemo tse dingwe, tsa go dira ga ombud, le tiro nngwe le 40 nngwe go khutlisa tiro eo;

(vii) e lopa ombud go dirisa, fa go leng maleba, meono ya tekatekano fa e sekaseka ngongorego; le

(viii) e ikamanya ka mokgwa mongwe le melawana e e maleba ya Khansele ya Ombud;

(c) sekema se na le kgotsa ga se na ditlamelo tse di lekaneng le bokgoni jwa go netefatsa gore se ikamanya le ditlhokego tsa melao ya lephata la ditshelete mabapi le dikema tsa ombuds le mabaka mangwe le mangwe a a ka tsepamiswang go ya ka karolotlaleletso (2); le

(d) e amogela gore sekema sa ombud sa bodirelo se ka se nne kgatlhanong le 50 dikgatlhego tsa barekedi ba ditshelete kgotsa lephata la ditshelete kgotsa kgatlhego ya setshaba.

(4) (a) Khansele ya Ombud e tshwanetse go tlhomamisa kopo jaaka go tlhalositswe mo karolotlaleletsong (1) mo dikgweding tse tharo morago ga fa e sena go dirwa.

(b) Mo go batleng go itse gore paka e e kailweng mo temaneng (a) e fela leng, paka 55 nngwe le nngwe magareng ga go naya modirakopo kitsiso go ya ka karolo 195 ke Khansele ya Ombud le go kgotsofatswa ga ditlhokego ga e balelwe.

This gazette is also available free online at www.gpwonline.co.za

<!-- page: 196 -->

No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

Act No. 9 of 2017

Financial Sector Regulation Act, 2017

194

## Varying conditions

197. (1) The Ombud Council may, by notice to a recognised industry ombud scheme, remove or vary a condition of recognition, or add a condition.

(2) A variation takes effect on the date of the notice in terms of subsection (1) or, if the notice specifies a later date, the later date.

## Suspension of recognition

198. (1) The Ombud Council may, by notice to a recognised industry ombud scheme, suspend the recognition of the scheme if—

(a) the industry ombud scheme applies for suspension;

(b) a condition of recognition has been contravened or not been complied with in a material way;

(c) the industry ombud scheme, an ombud for the industry ombud scheme, or a significant number of the financial institutions that are members of the industry ombud scheme, have contravened in a material way the governing rules of the industry ombud scheme, a provision of a financial sector law relating to ombuds or Ombud Council rules;

(d) information provided in, or in relation to, an application to the Ombud Council in relation to the industry ombud scheme was false or misleading, including by omission, in a material way;

(e) the industry ombud scheme is not complying with a requirement of this Act;

(f) the suspension is necessary to prevent—

(i) a serious contravention of a financial sector law; or

(ii) financial customers of the members of the industry ombud scheme from suffering material prejudice; or

(g) a fee, a levy or an administrative penalty payable by the industry ombud scheme, including any interest, is unpaid and has been unpaid for at least 30 days after it is due.

(2) The Ombud Council may at any time revoke the suspension.

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

(4) A suspension does not affect an obligation of the industry ombud scheme that it has in terms of a financial sector law, including an obligation to report a matter to the Ombud Council.

## Revocation of recognition

199. (1) The Ombud Council may, by notice to a recognised industry ombud scheme, revoke the recognition of an industry ombud scheme—

(a) if the industry ombud scheme applies for revocation;

(b) on any of the bases on which it may suspend recognition, as set out in section 198(1)(b) to (g); or

(c) if the scheme has ceased to function.

(2) Revocation of recognition takes effect on the date of the notice in terms of subsection (1) or, if the notice specifies a later date, the later date.

## Procedure for varying, suspending and revoking recognition

200. (1) (a) Before the Ombud Council varies a condition of, or suspends or revokes, the recognition of a recognised industry ombud scheme, it must—

(i) give the industry ombud scheme notice of the proposed action and a statement of the reasons for it; and

(ii) invite the industry ombud scheme to make submissions on the matter, and give it a reasonable period to do so.

(b) The period referred to in paragraph (a)(ii) must be at least one month.

(2) The Ombud Council need not comply with subsection (1) if the industry ombud scheme has applied for the proposed action to be taken.

This gazette is also available free online at www.gpwonline.co.za

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GOVERNMENT GAZETTE, 22 AUGUST 2017

No. 41060 197

Molao wa Taolo ya Lephata la Ditshelete, 2017

Nmr 9 ya 2017

# Mabaka a a forologanang