Files
| Attachment | Size |
|---|---|
| act-82-1982.pdf | 3.4 MB |
82 of 1982
The Financial Institutions Amendment Act 82 of 1982 intends:
- to amend the Insurance Act, 1943 [repealed in January 1999], so as to make further provision regarding the assets to be held by an insurer;
- to amend the Stock Exchanges Control Act, 1947 [repealed in March 1985], so as
- to reduce the minimum number of members of which a stock exchange shall consist;
- to grant legal personality to a licensed stock exchange;
- to amend the rules of a stock exchange regarding the buying and selling of listed securities by stock-brokers; and
- to delete certain provisions which have lapsed;
- to amend the Pension Funds Act, 1956, so as to make further provision regarding the assets to be held by a registered fund;
- to amend the Inspection of Financial Institutions Act, 1962 [repealed in April 1984], so as to alter a reference in the definition of "registrar";
- to amend the Banks Act, 1965 [repealed in February 1991], so as
- to further define the expression "liquid assets"; and
- to further regulate the holding of certain prescribed investments;
- to amend the Building Societies Act, 1965 [repealed in January 1994], so as
- to further define the expression "liquid assets"; and
- to further regulate the holding of certain prescribed investments; and
- to provide for matters connected therewith.
Commencement
9 June 1982
