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Statutes section 288

Section 288

In force date not confirmed

288. (1) Tona o ka dira Melawana go nolofatsa go tsenngwa mo tirisong ga Molao ono, go akaretsa le Melawana—

(a) e e tshwanetseng kgotsa e e ka neelwang go ya ka Molao ono;

(b) go tlamela mabapi le merero e mengwe ya tsamaiso le taolo e e botlhokwa go tsenya mo tirisong dikabelo tsa Molao ono.

(2) Tlhokego go ya ka molao wa lephata la ditshelete kgotsa Interpretation Act (Molao 33 wa 1957), ya go phasalatsa Melawana mo Lokwalodikgannyeng la Puso e tshwanetse go tselwa jaaka tlhokego ya go phasalatsa Melawana mo Rejisetareng.

(3) (a) Tona o ka rebola dikaelo tsa go senola dikgatlhegelo tse di botlhokwa tse di tlhalositsweng mo dikarolong 49,72, 193 le 226, go tlamela ka kaelo go batho bao ba kopilweng go senola dikgatlhegelo tsa botlhokwa go ya ka dikarolo tseo.

(b) Dikaelo tse di rebotsweng go ya ka temana (a) ga di amoge batho ba ba kopilweng go senola kgatlhegelo e e botlhokwa go ya ka dikarolo 49, 72, 193 le 226 ditiro tsa bona tsa go dirisa menagano ya bona ka nepagalo le go senola dikgatlhegelo tsotlhe tse di ka nnang botlhokwa.

(4) Tona o ka se dire Melawana ntle le fa Tona—

(a) a phasaladitse—

(i) melawana e e thadilweng;

(ii) polelo e e tlhalosang tlhokego ya le tiro e e ikaeletsweng ya Melawana;

(iii) polelo ya kutlwalo e e solofetsweng ya Melawana;

(iv) kitsiso e e laletsang ditlhagiso mabapi le Melawana le go itsise gore ditlhagiso di ka dirwa kae, jang le leng; le

(b) a, morago ga fa ditlhagiso tse di kailweng mo temaneng (a)(iv) di sena go amogelwa le go sekasekwa, romelele Palamente, fa e kokoane—

(i) dikwalo tse di kailweng mo temaneng (a)(i) go fitlha go (iv); le

(ii) pegelo ya dikgato tsa ditherisano, e e tla akaretsang—

(aa) maikarabelo ka kakaretso a dintlha tse di tlhagisitsweng mo ditlhagisong; le

(bb) tsibogelo go dintlha tse di tlhagisitsweng mo ditlhagisong.

(5) (a) Paka e e dumeletsweng ya go dira ditlhagiso tse di kailweng mo temaneng (4)(a) e tshwanetse go nna bonnye dibeke tse thataro.

(b) Paka e e letleletsweng mabapi le tshekatsheko e e kailweng mo karolotlaleletsong 45 (4)(b) e tshwanetse go nna bonnye matsatsi a le 30 fa Palamente e kokoane.

(6) Fa Tona a ikaelela, ka ntlha ya kgotsa eseng ka ntlha ya ditlamorago tsa kgato ya ditherisano, go dira Melawana ka mokgwa wa pharologano e kgolo go tswa go thalo ya Melawana e e phasaladitsweng go ya ka karolotlaleletso (4), Tona o tshwanetse, pele a dira Melawana, go boeletsa tsamaiso e e kailweng mo karolotlaleletsong (4).

(7) Fa go ikamanngwa le karolotlaleletso (4) kgotsa (6), go ya ka mogopolo wa Tona, go ka lere kgobelelo mo barekeding ba ditshelete kgotsa kotsi mo thulaganyong ya ditshelete, kgotsa go fenya maikaelelo a Molawana o o tshitsintsweng, Tona o tshwanetse, pele a dira Molawana—

(a) go phasalatsa—

(i) Molawana o o thadilweng le polelo e e tlhalosang tlhokego ya le tiro e e ikaeletsweng ya Molawana;

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

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256 No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

# CONTINUES ON PAGE 258 - PART 3

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

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![img-4.jpeg]([7] 2017 01 01 Financial Sector Regulation Act 9 of 2017 (English Sepedi).assets/page-0257-image-00-img-4.jpeg)

# Government Gazette

REPUBLIC OF SOUTH AFRICA

Vol. 626

Cape Town

Kaapstad

22 August 2017

No. 41060

## PART 3 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

![img-5.jpeg]([7] 2017 01 01 Financial Sector Regulation Act 9 of 2017 (English Sepedi).assets/page-0257-image-01-img-5.jpeg)

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

<!-- page: 258 -->

No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

Act No. 9 of 2017

Financial Sector Regulation Act, 2017

254

(ii) a notice inviting submissions in relation to the Regulation and stating where, how and by when submissions are to be made; and

(iii) a statement of the reasons why the delay involved in complying with subsections (4) and (6) is considered likely to lead to prejudice to financial customers or harm to the financial system, or defeat the object of the proposed Regulation; and

(b) submit to Parliament the documents mentioned in paragraph (a).

(8) (a) The period allowed for making submissions referred to in subsection (7)(a)(ii) must be at least seven days.

(b) The period allowed for submission to Parliament referred to in subsection (7)(b) must be at least seven days, whether Parliament is in session or not.

(c) The period referred to in paragraph (b) may run concurrently with the period referred to in paragraph (a).

(9) The Minister must, after making a Regulation pursuant to subsections (7) and (8), within 30 days of making the Regulation, submit to Parliament a report of the consultation process referred to in subsections (13) to (15).

(10) This section does not prevent the Minister from engaging in consultations in addition to those required in terms of this section.

(11) In deciding whether to make a Regulation, the Minister must take into account all submissions received by the expiry of the period referred to in subsection (5)(a) or (8)(a) and any deliberations of Parliament.

(12) A Regulation comes into effect—

(a) on the date that it is published in the Register; or

(b) if the Regulation provides that it comes into effect on a later date, on the later date.

(13) With each Regulation, the Minister must publish a consultation report.

(14) A consultation report must include—

(a) a general account of the issues raised in the submissions made during the consultation; and

(b) a response to the issues raised in the submissions.

(15) If the Minister did not comply with subsection (4) or (6) for the reason stated in subsection (7), the consultation report must be published 30 days after the instrument was made and the report must include a statement of the reasons why the delay involved in complying, or complying fully, with subsection (4) or (6) was considered likely to lead to prejudice to financial customers or harm to the financial system, or defeat the object of the Regulation.

Part 6

Amendments, repeals, transitional and saving provisions

Interpretation