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Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 14 : Ombuds

Part 2 : Recognition of industry ombud schemes

195. Requirement for further information or documents by Ombud Council

 

(1) The Ombud Council may, by notice in writing, require an applicant for recognition—
(a) to give the Ombud Council additional information or documents specified by the Ombud Council; and
(b) to verify any information given by the applicant in connection with the application in a manner specified by the Ombud Council.

 

(2) The Ombud Council need not deal further with the application until the applicant has complied with the notice contemplated in subsection (1).

 

[Section 195 to take effect on 1 April 2020, per Notice No. 1130 of 2019, GG 42677, dated 30 August 2019]