Notices > Commencement Date of Act and Date from which person may not perform Credit Rating Services or Issue Credit Rating unless Registered as a Credit Rating Agency

Notice No. 271

12 April 2013

GG 36337

National Treasury

I, Pravin J Gordhan, Minister of finance, hereby determine, in terms of—

(a)	section 37 of the Credit Rating Services Act, 2012 (Act No. 24 of 2012) ("the Act"), 15 April 2013 as the date on which the Act comes into operation; and

(b)	section 3(2) of the Act, 17 December 2013 as the date with effect from which a person may not perform credit rating services or issue a credit rating in the Republic unless such person is a registered credit rating agency in terms of section 5 of the Act.

Pravin J Gordhan

Minister of Finance

Date: 26 March 2013

Credit Rating Services Act, 2012 (Act No. 24 of 2012)