Description
Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001)
This is a printable version of the act that we have on www.acts.co.za with all the relevant Regulations, Schedules and Notices where applicable.
To view the act on www.acts.co.za click here.
Introduction:
To provide for, and consolidate the laws relating to, the investment, safe custody and administration of funds and trust property by financial institutions; to enable the registrar to protect such funds and trust property; to repeal the Financial Institutions (Investment of Funds) Act, 1984 (Act No . 39 of 1984); to improve the enforcement powers of the registrar; and to provide for matters incidental thereto.
