Statistics Act, 1999
R 385
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 8 : LicensingPart 2 : Licences required in terms of section 111(1)(b) or (2) or section 162119. Variation of licences |
| (1) | The responsible authority that issued a licence may, by notice to the licensee, vary the licence if to do so will assist in achieving the objective of the responsible authority as set out in section 33 or 57. |
| (2) | A variation of a licence may include— |
| (a) | removing or varying a condition of the licence, or adding a condition; and |
| (b) | changing the categories of financial products, financial services or financial customers to which the licence relates. |
| (3) | A variation of a licence takes effect on a date of the notice in terms of subsection (1) or, if a later date is specified in the notice, the later date. |
