Securities Services Act, 2004 (Act No. 36 of 2004)

Chapter IX : General Provisions

Enforcement committee

101. Referral of matter

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(1)The referral of a matter to the enforcement committee in terms of section 94(e) may at any time be withdrawn by the registrar or the directorate, as the case may be.

 

(2)The power of the board to institute civil proceedings in a court under section 77 against a person who has contravened section 73 is, subject to section 105(5), not affected by the referral of a matter to the enforcement committee in terms of section 94(e).