Statistics Act, 1999
R 385
National Payment System Act, 1998 (Act No. 78 of 1998)NoticesRevocation of the Designation of the South African Post Office Limited, a Postal Company contemplated in Section 3(1) of the Post Office Act 44 of 1958, which previously conducted the business of a Bank through its Postbank Division, as a Designated Clearing System Participant3. Revocation |
| 3.1. | The SARB has considered the provisions of the NPS Act and has deemed necessary to revoke the designation of SAPO as a clearing system participant due to the transfer of the clearing system participant services to Postbank, now a separate legal entity. |
| 3.2. | Therefore, I, Mr E L Kganyago, Governor of the SARB, hereby, with effect from the date of publication in the Government Gazette. |
| 3.3. | Revoke the designation of SAPO as a clearing system participant in terms of section 6(3)(b) of the NPS Act. |
