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Financial Markets Act, 2012 (Act No. 19 of 2012)

Chapter II : Preliminary Provisions

6B. Withdrawal of recognition

 

The Authority may, with the concurrence of the South African Reserve Bank and the Prudential Authority, withdraw recognition where the criteria set out in section 6A are no longer met.

 

[Section 6B inserted by section 290, item 8 of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018]