| (1) |
The Bank may promote the attainment of its objects referred to in section 3, and performs its powers referred to in section 4, in the region consisting of— |
| (a) |
the national territory of the Republic of South Africa; |
| (b) |
the national territories of the countries which are member states of the Southern African Development Community; and |
| (c) |
the national territory of such other country on the African continent or an oceanic island on the African continent as the Minister may determine by regulation, subject to subsection (2). |
| (a) |
The Minister must approve an annual plan for the activities of the Bank in a national territory of a country contemplated in subsection (1)(c). |
| (b) |
Bank must submit the annual plan to the Minister in the form and on the date determined by the Minister. |
| (c) |
The Minister may amend the approved annual plan, if necessary, after consultation with the Bank. |
[Section 2A inserted by section 3 of Act No. 41 of 2014]
Financial Services Board Act, 1990
