Financial Markets Act, 2012 (Act No. 19 of 2012)

Chapter II : Preliminary Provisions

6B. Withdrawal of recognition

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The Authority may, with the concurrence of the South African Reserve Bank and the Prudential Authority, withdraw recognition where the criteria set out in section 6A are no longer met.

 

[Section 6B inserted by section 290, item 8 of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018]