Statistics Act, 1999
R 385
Credit Rating Services Act, 2012 (Act No. 24 of 2012)Chapter 8 : Miscellaneous and General Provisions34. Regulations |
(1) The Minister may make regulations not inconsistent with this Act with regard to any matter that is required or permitted to be prescribed in terms of this Act.
(2)
| (a) | Before the Minister makes any regulations under this section, the Minister must— |
| (i) | publish a notice of the publication of the draft regulations in the Gazette, indicating that the draft regulations are available on the National Treasury official website, and calling for public comment in writing within a period stated in the notice, which period may not be less than 30 days from the date of publication of the notice; and |
| (ii) | submit the draft regulations to Parliament while it is in session, for parliamentary scrutiny at least one month before promulgation. |
| (b) | If the Minister alters a draft regulation because of any comment, the Minister need not publish the alteration before promulgating the regulation. |
| (c) | After consideration of any comments received in response to the publication and consideration of comments received pursuant to the submission of the proposed regulations to Parliament in terms of paragraph (a)(ii), the Minister may promulgate the regulation in the Gazette. |
| (d) | A copy of a regulation promulgated in terms of paragraph (c) must be submitted to Parliament. |
