Statutes section 70

Section 70

In force date not confirmed

70. (1) Komitikhuduthamaga e tshwanetse, mo dikgweding tse thataro morago ga letlha la go tsenngwa tirisong ga Kgaolo eno, go amogela leano la bolaodi la Bothati jwa Boitshvaro jwa Lephata la Ditshelete go neelana ka kaelo ya kakaretso mo go 35 fithele leng maikaelelo a Bothati jwa Boitshvaro jwa Lephata la Ditshelete le go dira ditiro tsa yona tsa bolaodi le botlhokomedi.

(2) Leano la bolaodi le tshwanetse—

(a) go tlhagisa—

(i) ditlapele tsa bolaodi le botlhokomedi tsa Bothati jwa Boitshvaro jwa 40 Lephata la Ditshelete tsa dingwaga tse tharo tse di tlang; le

(ii) dipoelo tse di botlhokwa tse di ikaeletsweng tsa leano;

(b) go tlhagisetsa Bothati jwa Boitshvaro jwa Lephata la Ditshelete ditheo tsa kaelo ka ga—

(i) mokgwa o bo tshwanetseng go dira ditiro tsa bolaodi le botlhokomedi ka 45 ona;

(ii) merero e bo tshwanetseng go e ela tlhoko mo go direng ditiro tseo;

(iii) itlhagiso ya jona go ditiro tsa tsamaiso; le

(iv) ka mokgwa o e tshwanetseng go diragatsa ditlhokego tse di diragatswang go jona mabapi le—

(aa) ponalatshego;

(bb) go kgona go rerisana; le

(cc) boikarabelo; le

(3) Komitikhuduthamaga e tshwanetse go thadisa leano la yona la bolaodi bonnye 55 ngwaga le ngwaga, e bile e ka le tlhabolola nako nngwe le nngwe.

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No. 41060

GOVERNMENT GAZETTE, 22 AUGUST 2017

Act No. 9 of 2017

Financial Sector Regulation Act, 2017

(4) (a) Before the Executive Committee adopts a regulatory strategy or an amendment to a regulatory strategy, it must—

(i) provide a copy of the draft of the strategy or amendment to the Minister, the Prudential Authority and the National Credit Regulator; and

(ii) invite comments from the Minister, the Prudential Authority and the National Credit Regulator, on the draft, to be made within a period specified by the Executive Committee.

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

(5) In deciding whether to adopt a regulatory strategy or an amendment of a regulatory strategy, the Executive Committee must have regard to all comments made on the draft.

(6) If the Minister agrees, the Financial Sector Conduct Authority’s adopted regulatory strategy may be incorporated into its corporate plan in terms of section 52(b) of the Public Finance Management Act.

(7) The Executive Committee must seek to minimise, to the extent that is practicable and appropriate, inconsistencies between the Financial Sector Conduct Authority’s regulatory strategy and the Prudential Authority’s regulatory strategy.

(8) The Commissioner must—

(a) provide a copy of the Financial Sector Conduct Authority’s regulatory strategy, and each amendment, as adopted, to the Minister, the Prudential Authority and the National Credit Regulator; and

(b) publish the regulatory strategy and each amendment.

## Delegations