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

Chapter 17 : Miscellaneous

Part 4 : General matters

280. Conditions of licences

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(1)A licence may be given subject to conditions specified in the licence or in the notice of the grant or issue of the licence given to the licensee.

 

(2)A suspension, cancellation or revocation of a licence in terms of a financial sector law may be subject to conditions specified in the notice of the suspension, cancellation or revocation given to the licensee.

 

(3)Contravention of a condition in terms of subsection (2) does not affect the suspension, cancellation or revocation of the licence.

 

(4)In this section, a reference to a licence must be read as including a reference to a consent, agreement, approval or permission of any kind in terms of a financial sector law.