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49374southafricanpostbanklimitedamendact102023.pdf | 296.9 KB |
10 of 2023
The South African Post Bank Limited Amendment Act 10 of 2023 intends:
- to amend the South African Postbank Limited Act, 2010, so as
- to amend and insert certain definitions; to amend the objects of the Act;
- to provide for the transfer in shareholding from the South African Post Office SOC Limited to Government and the creation of a bank controlling company for ‘‘The Postbank SOC Limited’’ in terms of the Banks Act, 1990;
- to provide for the appointment of the chief executive officer and the chief financial officer; and
- to provide for matters connected therewith.
Commencement
To be proclaimed in a Government Gazette.