Files
| Attachment | Size |
|---|---|
| a28-010.pdf | 1.12 MB |
28 of 2001
The Financial Institutions (Protection of Funds) Act 28 of 2001 intends:
- to provide for, and consolidate the laws relating to, the investment, safe custody and administration of funds and trust property by financial institutions;
- to enable the registrar to protect such funds and trust property;
- to repeal the Financial Institutions (Investment of Funds) Act, 1984 (Act No. 39 of 1984);
- to improve the enforcement powers of the registrar; and
- to provide for matters incidental thereto.
Amends
- Financial Institutions Amendment Act 6 of 1987
- Financial Institutions Amendment Act 51 of 1988
- Financial Institutions Amendment Act 83 of 1992
- Financial Institutions Second Amendment Act 104 of 1993
- Financial Institutions Amendment Act 22 of 1997
Commencement
23 November 2001
