FINANCIAL SECTOR & DEPOSIT INSURANCE LEVIES ACT: SCHEDULE 1 AMENDED

FINANCIAL SECTOR & DEPOSIT INSURANCE LEVIES ACT: SCHEDULE 1 AMENDED

• 13 February 2026
• Financial Sector
• SA Legal Academy

National Treasury has gazetted a substitute Table A for Schedule 1 to the 2022 Financial Sector & Deposit Insurance Levies Act – thus amending the original table.

This is noting that the Act has been in force since 2023, with Schedule 1 applying to entities supervised by the Prudential Authority. These are:

• banks and their branches
• co-operative banks
• mutual banks
• non-life and life insurers
• Lloyds
• microinsurers
• exchanges
• central securities depositories
• independent and associated clearing houses
• central and external central counterparties
• trade and external trade repositories
• over-the-counter derivative providers, and
• the Road Accident Fund.

Please click the links below for more information:

• amended Schedule 1 Table A
• Act with original Schedule 1 Table A

Published by SA Legal Academy Policy Watch

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