FINANCIAL SECTOR LEGISLATION: MORE COMMENCEMENT DATES GAZETTED, SOME IMMINENT

National Treasury has gazetted notices announcing commencement dates for:

  • more sections of the Financial Sector Regulation Act, 2017:
    • Chapter 16, dealing with fees, levies and finances (some sections will come into force on 1 April 2023, with others following in June 2023, April 2024 and June 2024), and
    • section 290, dealing with amendments and repeals (which will come into effect on 1 April 2023 in respect of certain items in Schedule 4)
  • most sections of the Financial Sector & Deposit Insurance Levies Act, 2022 (1 April 2023, except for section 9 and Schedule 6, providing for the levy itself), and
  • all sections of the Financial Sector & Deposit Insurance Levies (Administration) & Deposit Insurance Premiums Act, 2022 (some of which will come into force on 1 April 2023, with others following in June 2023, April 2024 and June 2024).

Click the link below to access all relevant information:

  • Government Gazette notices (three)

Published by SA Legal Academy Policy Watch

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