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

Chapter 15 : Financial Services Tribunal

Part 3 : Right to reasons for decisions

228. Right to be informed

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An obligation in a financial sector law to notify a person of a decision taken in relation to that person must be read as including an obligation to notify the person of that person’s right—

(a)to request reasons for the decision in terms of section 229; and
(b)to have the decision reconsidered in terms of Part 4.