South African Reserve Bank Act, 1989 (Act No. 90 of 1989)RegulationsSouth African Reserve Bank Regulations, 2010Chapter II : Registration and Transfer of Shares3. Disclosure of associates |
3.1 | A shareholder required in terms of section 22(2) of the Act to make disclosure of associates, shall lodge the required information— |
(a) | within 40 days of the date on which these Regulations are promulgated, or |
(b) | if the obligation to disclose arises in respect of any event that takes place after the date of promulgation mentioned in (a), within 40 days of the date of such event. |
3.2 | Any prospective buyer of shares shall be required to disclose his, her or its associates on application to purchase shares in the manner as may be required by the Bank. |
3.3 | Information in terms of Regulation 3.1 must be lodged in the format of the Schedule at the end of these Regulations. |