Statistics Act, 1999
R 385
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)RegulationsFinancial Sector Regulations, 2018Part 2 : Appointment of Commissioner and Deputy Commissioners of Financial Sector Conduct Authority10. Appointment by Minister |
| (1) | The Minister must consider the list submitted by the Shortlisting Panel referred to in regulation 9(6)(a)(iii), read with regulation 9(6)(c), when appointing the Commissioner or a Deputy Commissioner. |
| (2) | If the Minister decides that there is no candidate on the list suitable for appointment as Commissioner or a Deputy Commissioner, the Minister may— |
| (a) | request the Director-General of the National Treasury to re-advertise the position, and the Shortlisting Panel to identify additional suitable candidates for appointment; or |
| (b) | appoint any suitable person meeting the criteria in regulation 11 who is not on the list submitted by the Shortlisting Panel referred to in regulation 9(6)(a)(iii), read with regulation 9(6)(c). |
| (3) | Upon the appointment by the Minister of a candidate as the Commissioner or a Deputy Commissioner, the following must be made public: |
| (a) | The recommendations made by the Shortlisting Panel regarding the appointment to the position; and |
| (b) | if the Minister appoints a person referred to in subregulation (2)(b), the Minister’s reasons for making the appointment. |
[Regulation 10 substituted by section 5 of Notice No. 850, GG43581, dated 5 August 2020]
