| (b) | a systemically important financial institution; |
| (d) | a company that is a holding company of a bank, a systemically important financial institution, or a payment system operator of a systemically important payment system; and |
| (e) | subject to any determination in terms of subsection (2), if a bank or a systemically important financial institution is a member of a financial conglomerate in terms of section 160, each of the other members of the financial conglomerate. |
| (2) | The Governor may, by written notice to a person or body that is a designated institution because of subsection (1)(e), determine that the person or body is not a designated institution. |
[Section 29A inserted by section 42 and 61(e) of the Financial Sector Laws Amendment Act, 2021 (Act No. 23 of 2021), Notice No. 789, GG45825, dated 28 January 2022- effective 1 June 2023 per (b)(i) of Commencement Notice No. 3202, GG48294, dated 24 March 2023]
