Broad-Based Black Economic Empowerment Act, 2003
R 385
key individual
in relation to an authorised financial services provider, or a representative, carrying on business as -
a) | a corporate or unincorporated body, a trust or a partnership, means any natural person responsible for managing or overseeing, either alone or together with other so responsible persons, the activities of the body, trust or partnership relating to the rendering of any financial service; or |
b) | a corporate body or trust consisting of only one natural person as member, director, shareholder or trustee, means any such natural person ; |