Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 14 : Ombuds

Part 2 : Recognition of industry ombud schemes

195. Requirement for further information or documents by Ombud Council
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(1)The Ombud Council may, by notice in writing, require an applicant for recognition—
(a)to give the Ombud Council additional information or documents specified by the Ombud Council; and
(b)to verify any information given by the applicant in connection with the application in a manner specified by the Ombud Council.

 

(2)The Ombud Council need not deal further with the application until the applicant has complied with the notice contemplated in subsection (1).

 

[Section 195 to take effect on 1 April 2020, per Notice No. 1130 of 2019, GG 42677, dated 30 August 2019]