Special Investigating Units and Special Tribunals Act, 1996
R 385
Medical Schemes Act, 1998 (Act No. 131 of 1998)Chapter 12 : General65. Broker Services and Commission |
| (1) | No person may act or offer to act as a broker unless the Council has granted accreditation to such a person on payment of such fees as may be prescribed. |
| (2) | The Minister may prescribe the amount of the compensation which the category of brokers to whom the conditions upon which and any other circumstances under which, a medical scheme may compensate any broker. |
| (3) | No broker shall be compensated for providing broker services unless the Council has granted accreditation to such broker in terms of subsection (1). |
| (4) | An application for accreditation shall be made to the Council in the manner and be accompanied by such information as may be prescribed, and any other information as the Council may require. |
| (5) | A medical scheme may not directly or indirectly compensate a broker other than in terms of this section. |
| (6) | A broker may not be directly or indirectly compensated for providing broker services by any person other than — |
| (a) | a medical scheme, |
| (b) | a member or prospective member, or the employer of such member or prospective member, in respect of whom such broker services are provided, or |
| (c) | a broker employing such broker. |
