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act-80-1969.pdf | 1.45 MB |
80 of 1969
The Financial Institutions Amendment Act 80 of 1969 intends:
- to amend the Pension Funds Act, 1956, in order to grant exemption, in certain respects, to certain pension funds from the requirement to invest a certain percentage of their assets in Government securities; and
- to amend the Banks Act, 1965 [repealed in 1981], in order to permit the appointment of employees of a banking institution as directors thereof.
Commencement
25 June 1969