Financial Services Board Act, 1990 (Act No. 97 of 1990)

Schedule

Laws Amended (Section 29)
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No. and Year of Law

Short Title

Extent of Amendment

Act No. 27 of 1943

Insurance Act, 1943
(a)The substitution in section 1(1) for the definition of "registrar" of the following definition:

" ‘registrar’ means the Registrar or the Deputy Registrar of Insurance referred to in section 2;";

 

(b)the substitution for section 2 of the following section:

"Registrar and Deputy Registrar of Insurance

2. The executive officer and the deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, shall also be the Registrar and the Deputy Registrar of Insurance, respectively."; and

 

(c)the deletion of section 2C.

Act No. 24 of 1956

Pension Funds Act, 1956
(a)The substitution in section 1(1) for the definition of "registrar" of the following definition:

‘registrar’ means the Registrar or the Deputy Registrar of Pension Funds mentioned in section 3;";

 

(b)the substitution for section 3 of the following section:

 

"Registrar and Deputy Registrar of Pension Funds

3. The executive officer and the deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, shall also be the Registrar and the Deputy Registrar of Pension Funds, respectively."; and

 

(c)the deletion of section 3A.

Act No. 25 of 1956

Friendly Societies Act, 1956
(a)The substitution in section 1(1) for the definition of "registrar" of the following definition:

" ‘registrar’ means the Registrar or the Deputy Registrar of Friendly societies mentioned in section 4;";

 

(b)the substitution for section 4 of the following section:

 

"Registrar and Deputy Registrar of Friendly Societies

 

4. The executive officer and the deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, shall also be the Registrar and the Deputy Registrar of Friendly Societies, respectively."; and

 

(c)the deletion of section 4A.

Act No. 73 of 1968

Usury Act, 73 of 1968

The substitution in section 1 for the definition of "Registrar" of the following definition:

 

‘Registrar’ means the executive officer mentioned in section 1 of the Financial Services Board Act, 1990, or, as the Minister may deem fit, a person appointed by him as registrar subject to the provisions of the Public Service Act, 1984 (Act No. 111 of 1984);".

Act No. 54 of 1981

Unit Trusts Control Act, 1981
(a)The substitution in section 1 for the definition of "registrar" of the following definition:

‘registrar’ means the Registrar or the Deputy Registrar of Unit Trust Companies referred to in section 2;";

 

(b)the substitution for section 2 of the following section:

 

Registrar and Deputy Registrar of Unit Trust Companies

 

2. The executive officer and the deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, shall also be the Registrar and the Deputy Registrar of Unit Trust Companies, respectively."; and

 

(c)The deletion of section 2A.

Act No. 38 of 1984

Inspection of Financial Institutions Act, 1984
(a)The substitution in section 1 for the definition of "registrar" of the following definition:

 

" ‘registrar’ means the executive officer mentioned in section 1 of the Financial Services Board Act, 1990, but in relation to a medical scheme registered in terms of the Medical Schemes Act, 1967 (Act No. 72 of 1967), the registrar of medical schemes appointed under section 13 of that Act;";

 

(b)the substitution for subsection (1) of section 2 of the following subsection:

 

(1) The registrar may from time to time appoint inspectors under this Act."; and

 

(c)the substitution for subsection (2) of section 2 of the following subsection

 

"(2) When he considers it necessary, the registrar may appoint a person who is not in the full-time employment of the State or the board mentioned in section 1 of the Financial Services Board Act, 1990, as a temporary inspector to assist the registrar or an inspector referred to in subsection (1) with an inspection under this Act of the affairs or any part of the affairs of a financial institution or of any person, partnership or company not registered as a financial institution, or to undertake such an inspection.".

Act No. 1 of 1985

Stock Exchanges Control Act, 1985
(a)The substitution in section 1 for the definition of "Registrar" of the following definition:

 

" ‘Registrar’ means the Registrar or the Deputy Registrar of Stock Exchanges mentioned in section 2;";

 

(b)the substitution for section 2 of the following section:

 

"Registrar and Deputy Registrar of Stock Exchanges

 

2.The executive and the deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, shall also be the Registrar and the Deputy Registrar of Stock Exchanges, respectively."; and

 

(c)the deletion of section 2A.

Act No. 55 of 1989

Financial Markets Control Act, 1989
(a)The substitution in section 1 for the definition of "Registrar" of the following definition:

 

" ‘Registrar’ means the Registrar or the Deputy Registrar of Financial Markets mentioned in section 2;"; and

 

(b)the substitution for section 2 of the following section:

 

"Registrar and Deputy Registrar of Financial Markets

 

2.The executive officer and the deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, shall also be the Registrar and the Deputy Registrar of Financial Markets, respectively.".