South African Reserve Bank Act, 1989 (Act No. 90 of 1989)3. Primary objective of Bank |
(1) | The primary objective of the Bank shall be to protect the value of the currency of the Republic in the interest of balanced and sustainable economic growth in the Republic. |
(2) | In addition, the Bank is responsible for protecting and maintaining financial stability as envisaged in the Financial Sector Regulation Act, 2017 |
[Section 3(2) inserted by section 290, item 1 in Schedule 4, of Notice No. 853 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)]
[Section 3 substituted by section 290, item 1 in Schedule 4, of Notice No. 853 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)]