Examples of Financial Services Board Act in a sentence
Fees which are in terms of or by virtue of a provision of this Act payable, and interest so payable in respect of overdue fees, shall be a debt due to the Financial Services Board established by section 2 of the Financial Services Board Act, 1990 (Act No. 97 of 1990), and may be recovered by the registrar by action in any competent court.[subsection (3) added by section 2(b) of Act No. 7 of 1993] [section 36 amended by section 18(1) of Act No. 103 of 1979] 37.
Notwithstanding section 22 of the Financial Services Board Act, 1990 (Act No. 97 of 1990), the tribunal may obtain copies of any document or correspondence contained in the files of the registrar relating to a fund in connection with which the tribunal is conducting an investigation.
The Financial Services Board established by the Financial Services Board Act, 1990 (Act 97 of 1990).
The provisions of Section 22 of the Financial Services Board Act enable the sharing of information by the Financial Services Board with other Authorities, including foreign regulators.
Registrar and Deputy Registrar of Pension FundsThe executive officer and a deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990, (Act No. 97 of 1990), shall also be the Registrar and the Deputy Registrar of Pension Funds, respectively.[section 3 substituted by section 29 of Act 97 of 1990 and by section 9 of Act 41 of 1992] 3A.
However, section 70(3)(b) of the Tax Administration Act, 2011, only provides that required information, such as the income tax approval status of a pension fund, pension preservation fund, provident fund, provident preservation fund and retirement annuity fund, may be provided to the FSB in order for the FSB to carry out their duties and functions in respect of the regulation and supervision of the Pension Funds Act, 1956, under section 3(a) of the Financial Services Board Act, 1990.
The executive officer and a deputy executive officer mentioned in section 1 of the Financial Services Board Act, shall be the Registrar and the Deputy Registrar of Short-term Insurance, respectively.’’.
Notwithstanding section 22 of the Financial Services Board Act, 1990 (Act No. 97 of 1990), the Adjudicator may obtain copies of any document or correspondence contained in the files of the registrar.
Any penalty payable under subsection (2) shall be a debt due to the Financial Services Board established by section 2 of the Financial Services Board Act, 1990 (Act No. 97 of 1990), and may be recovered by the registrar by action in any competent court.[subsection (5) substituted by section 3 of Act 7 of 1993] 37A.
The executive officer and a deputy executive officer mentioned in section 1 of the Financial Services Board Act, 1990 (Act No. 97 of 1990), shall be the Registrar and the Deputy Registrar of Short-term Insurance, respectively.’’.