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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- to amend the Financial Markets Control Act, 1989 [repealed in 2005], so as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