Files
| Attachment | Size |
|---|---|
| act-75-1970.pdf | 1.19 MB |
75 of 1970
The Second Financial Institutions Amendment Act 75 of 1970 intends:
- to amend section 21 or the Insurance Act, 1943 [repealed in 1991], in order to supplement the provisions relating to the manner or holding assets in the Republic; and
- to amend section 8 or the Unit Trusts Control Act, 1947 [repealed in 1981], in order to empower the Minister to allow a management company to invest a smaller percentage or the assets or a unit portfolio In approved securities.
Commencement
1 April 1970
