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 162124. Applications for licences |
| (1) | The responsible authority may, in writing, determine procedures and requirements for applications. |
| (2) | Requirements determined in terms of subsection (1) may include requirements with respect to— |
| (a) | the institutional form of an applicant; |
| (b) | an applicant’s business activities; |
| (c) | an applicant’s financial capacity; |
| (d) | fit and proper person requirements; and |
| (e) | an applicant’s operational, management, governance and risk management arrangements. |
| (3) | An application to the responsible authority for the purposes of this Part must be made in accordance with the relevant procedures in terms of subsection (1). |
| (4) | The responsible authority must publish requirements determined in terms of subsection (1). |
