Financial Markets Control Amendment Act 73 of 1996

Files
Attachment Size
act73of1996.pdf 459.5 KB
73 of 1996

The Financial Markets Control Amendment Act 73 of 1996 intends:

  • to amend the Financial Markets Control Act, 1989 [repealed in 2005], so as
    • to insert, amend or delete certain definitions;
    • to further regulate restrictions ·on the management of investments;
    • to further regulate the juristic personality of an association;
    • to make further provision for the rules of a financial exchange;
    • to make further provision for the separation of funds of members and other persons;
    • to provide for the recognition of interdealer brokers;
    • to further regulate the board for the hearing of appeals;
    • to further regulate advertising or canvassing in relation to financial instruments;
    • to make further provision for inspections;
    • to further regulate certain provisions relating to penalties;
    • to further regulate limitation of liability; and
    • to effect certain technical amendments to the text;
  • to amend the Financial Markets Control Amendment Act, 1995, so as to further regulate the application of that Act; and
  • to provide for matters connected therewith.

Commencement

20 Novemer 1996

Share this page