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FINANCIAL SECTOR & DEPOSIT INSURANCE LEVIES ACT: MORE AMENDMENTS PROPOSED
- 04 October 2024
- Financial Sector
- SA Legal Academy
National Treasury has gazetted a notice calling for input by 3 November 2024 on draft amendments to Schedule 1 of the Financial Sector & Deposit Insurance Levies Act, 2022. This is noting that Scheule 1 applies to entities supervised by the Prudential Authority.
The amendments proposed are reflected in a draft replacement table among other things:
- listing each type of measured entity affected
- the percentage change in levy envisaged, and
- the rationale underpinning the calculations concerned.
Amendments to the Act’s Schedules 2 and 3 were gazetted on 23 August 2024, as SA Legal Academy reported at the time.
- Government Gazette notice with draft replacement Schedule 1 table
- Act
- SA Legal Academy report on amendments to Schedules 2 and 3
Published by SA Legal Academy Policy Watch
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