Section 274: Motho yo o tlhokegang go ya ka molao wa lephata la ditshelete go tshola diakhaonto le direkoto o tlola molao fa—

274. Motho yo o tlhokegang go ya ka molao wa lephata la ditshelete go tshola diakhaonto le direkoto o tlola molao fa—

(a) diakhaonto kgotsa direkoto di sa rekote le go tlhalosa dintlha, ditsamaiso, ditiro kgotsa dikgato tseo di amanang le tsona, e bile

(b) motho—

(i) a ne a itse, kgotsa a ne a sa kgathalele gore, diakhaonto kgotsa direkoto di gatisitse le go tlhalosa dintlha, ditsamaiso, ditiro kgotsa dikgato tse di amanang le tsona;

(ii) a ne a ikaeletse go tsietsa kgotsa go faposa bolaodi jwa lephata la ditshelete kgotsa mmatlisisi; kgotsa

(iii) a ne a ikaeletse go kgoreletsa kgotsa go thibela bolaodi jwa lephata la ditshelete, kgotsa mmatlisisi mo go direng ditiro tsa gagwe go ya ka molao wa lephata la ditshelete,

ebile o tshwanetswe ke kotlhao ya tuelo e e sa feteng R10 000 000, kgotsa go tswalelwa kwa kgolegelong sebaka se sa feteng dingwaga tse 10, kgotsa go duediswa le go tshwarwa goo ka bobedi.

Tlnagiso e e fosagetseng ya kamano le bolaodi jwa lephata la ditshelete

275. Motho yo, ntle le tumelelo ya molaodi wa lephata la ditshelete, o dirisang go setlamo, mokgatlho, kgwebo kgotsa kano leina kgotsa tlhaloso e e kayang kgotsa bontshang kamano e e rileng magareng ga setlamo, mokgatlho, kgwebo kgotsa kano le molaodi wa lephata la ditshelete o tlola molao e bile fa a bonwe molato o tshwanetswe ke katlholo ya tuediso e e sa feteng R5 000 000.

Melato mo kamanong le ditheo

276. (1) Fa—

(a) setheo sa ditshelete se dira molato go ya ka molao wa lephata la ditshelete; le

(b) leloko lengwe le lengwe la mokgatlho o o busang wa setheo sa ditshelete le le paletswe ke go tsaya dikgato tsotlhe tse di maleba tse di kgonegang go thibela tirego ya molato,

leloko la mokgatlho o busang le tlola molato oo, e bile fa le bonwe molato le tshwanetswe ke kotlhao e e sa feteng kotlhao e e ka pateltswang setheo sa ditshelete mabapi le tlolomolao.

(2) Fa—

(a) motho yo o botlhokwa wa setheo sa ditshelete a dira boitshwaro jo bo lereng tlolo ya molao wa lephata la ditshelete; le

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No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

Act No. 9 of 2017

Financial Sector Regulation Act, 2017

248

(b) the financial institution failed to take all reasonably practicable steps to prevent the conduct,

the financial institution must be taken also to have engaged in the conduct.

Part 4

General matters

5

Complaints

277. A financial sector regulator must, if asked, assist a person to make a complaint to the appropriate ombud about the actions or practices in terms of a financial sector law, of a person in connection with providing financial products or financial services.

Compensation for contraventions of financial sector laws

10

278. A person, including a financial sector regulator, who suffers loss because of a contravention of a financial sector law by another person, may recover the amount of the loss by action in a court of competent jurisdiction against—

(a) the other person; and

(b) any person who was knowingly involved in the contravention.

15

Extension of period for compliance

279. (1) A financial sector regulator may, for a valid reason, extend any period for compliance with, or a period prescribed by, a provision of a financial sector law, other than a provision that the financial sector regulator must comply with.

(2) A financial sector regulator may grant an extension in terms of subsection (1) more than once, and may do so either before or after the time for compliance has passed or the period prescribed has ended.

20

Conditions of licences