Financial Sector Regulation Act

AI-assisted research summary: Section 173 is titled “Remission of administrative penalties.”

AI-assisted research summary: This section concerns a prohibition on indemnifying administrative penalties.

AI-assisted research summary: This section states the objective of the provision.

AI-assisted research summary: Section 154 is titled “Ditlhokego tsa therisano” (consultation requirements).

AI-assisted research summary: Section 155 is titled “Fa motho a sa kgone go fitlhelelwa.”

AI-assisted research summary: This section only provides a heading for “Ditumalano tsa kutlwelobotlhoko” and chapter placement; it does not state a rule.

AI-assisted research summary: Section 157: Beng ba ba botlhokwa.

AI-assisted research summary: Section 158 concerns disclosures and notices relating to beneficial owners.

AI-assisted research summary: This section appears to concern conditions and regulator directions for key persons in financial institutions.

AI-assisted research summary: Section heading about the establishment of joint financial institutions.

AI-assisted research summary: Section 161 is titled “Kitsiso ka setheo sa ditsˇhelete se se matshwanedi.”

AI-assisted research summary: Section 162 concerns a licensing requirement for certain businesses linked to financial institutions.

AI-assisted research summary: Section 163 concerns companies that control other non-financial institutions.

AI-assisted research summary: Section 164 is about the conditions for merged financial institutions.

AI-assisted research summary: Section 165 is titled “Ditaelo go dikgwebo tse di okameng tse dingwe.”

AI-assisted research summary: Section 166 is a heading for a provision about prior notice of losses and damages under Chapter 13 (administrative penalties).

AI-assisted research summary: Section 167 is titled “Dikotlhao tsa tsamaiso.”

AI-assisted research summary: Section 171 concerns the use of money paid as administrative penalties.

AI-assisted research summary: This section refers to an administrative decision that is taken into account in a judgment.

AI-assisted research summary: Section 173 is a heading about administrative penalties.

AI-assisted research summary: Section 174 is titled “Thibelo ya polokego mabapi le dikotlhao tsa tsamaiso” and appears in Chapter 14 (Ombuds), Part 1 (Khansele ya Ombud).

AI-assisted research summary: Section 175 is titled “Khansele ya Ombud.”

AI-assisted research summary: No substantive rule is stated in the provided text.

AI-assisted research summary: This source text only identifies Section 18 of the Financial Sector Regulation Act, 2017 and gives no substantive rule.

AI-assisted research summary: 177. Functions of Ombud Council

AI-assisted research summary: Section 178 is titled “Overall governance objective.”

AI-assisted research summary: Section 179 is titled “Board of Ombud Council.”

AI-assisted research summary: This section is titled “Appointment of Board members.”

AI-assisted research summary: Section heading only: terms of office of Board members.

AI-assisted research summary: This section is about the service conditions of Board members.

AI-assisted research summary: This section is titled “Removal of Board members.”

AI-assisted research summary: Section 185 is titled “Meetings of Board.”

AI-assisted research summary: This section is titled “Decisions of Board.”

AI-assisted research summary: This section is titled “Governance and other committees of Ombud Council.”

AI-assisted research summary: Section title only: “Duties of Board members.”

AI-assisted research summary: This section is titled “Staff and resources.”

AI-assisted research summary: This section is titled “Duties of staff members,” but no specific duties are provided in the source text.

AI-assisted research summary: This section is titled “Disclosure of interests” and appears under Part 2 on recognition of industry ombud schemes.

AI-assisted research summary: Section 237 is titled “Fees and levies.”

AI-assisted research summary: Fees and levies are treated as debts.

AI-assisted research summary: This section is about budget, fees and levies proposals.

AI-assisted research summary: This provision is titled “Consultation requirements.”

AI-assisted research summary: This section concerns determinations of information required for assessment of levy.

AI-assisted research summary: Section 242 is titled “Assessments of levy.”

AI-assisted research summary: This section is titled “Payment of fee or levy by instalments.”

AI-assisted research summary: This provision is about an exemption from a fee.

AI-assisted research summary: Section heading on management of fees and levies, including interest on late or non-payment.

AI-assisted research summary: This section is titled “Definitions” and references Part 1 (“Definition”) and Part 2 (“Financial Services Board”).

AI-assisted research summary: This section is about the establishment and functions of the Financial Services Board.

AI-assisted research summary: Section heading: “Maloko a Lekgotla.”

AI-assisted research summary: 221. Paka ya tiro le khutliso ya boloko

AI-assisted research summary: 222. Badiri le ditlamelo

AI-assisted research summary: Section 223 is titled “Ditiro tsa badiri” (workers’ duties).

AI-assisted research summary: Section title: “Dipanele tsa Lekgotla.”

AI-assisted research summary: This provision is titled “Lenane la panele” (list of panel).

AI-assisted research summary: 226. Tshenolo ya dikgatlhego

AI-assisted research summary: Section 227 is headed “Melawana ya Lekgotla Karolo 3 Tshwanelo ya mabaka a ditshwetso.”

AI-assisted research summary: Section 228 is titled “Tshwanelo ya go itsisiwe.”

AI-assisted research summary: Section 229 refers to a right to reasons for decisions.

AI-assisted research summary: Section 230 concerns appeals about the review of decisions.

AI-assisted research summary: 231. Tshwetso ya Lekgotla e e sasekegwang

AI-assisted research summary: Section 232 is titled “Ditsamaiso tsa tshekatshekopoeletso ya ditshwetso.”

AI-assisted research summary: Section 233 is titled “Ditshwetso tsa panele” (“Panel decisions”).

AI-assisted research summary: Section 234 is titled “Ditaelo tsa Lekgotla.”

AI-assisted research summary: Section 235 is titled “Tshekatsheko ya katlholo ya ditaelo tsa Lekgotla.”

AI-assisted research summary: This provision is a heading for Section 236 and does not state a rule by itself.

AI-assisted research summary: 237. Dituediso le makgethwana

AI-assisted research summary: Section 238 is titled “Dituediso le makgethwana tse di nnang molato.”

AI-assisted research summary: Section 239 is titled “Budget appropriations, subsidies and taxes.”

AI-assisted research summary: Section 240 is titled “Ditlhokego tsa therisano” (consultation requirements).

AI-assisted research summary: Information requirements for a tax-related inspection.

AI-assisted research summary: Section heading: “Tshekatsheko ya lekgethwana”.

AI-assisted research summary: 243. Tuelelo ya tuediso kgotsa lekgethwana ka dikarolotuelo

AI-assisted research summary: Section 244 is titled “interest on late payment or payment by instalments.”

AI-assisted research summary: 245. Kgololo mo go dueleng

AI-assisted research summary: The provided text appears to be only a section heading and does not state an operative rule.

AI-assisted research summary: Section 22 appears to be a heading for Part 2, “Finances.”

AI-assisted research summary: This section is titled “Designated authority” and is followed by “Information sharing.”

AI-assisted research summary: This section concerns auditors reporting to financial sector regulators.

AI-assisted research summary: Section heading about reporting to financial sector regulators.

AI-assisted research summary: Section heading: “Prohibition of victimisation.”

AI-assisted research summary: This section is titled “Protected disclosures” and refers to Part 2 of the Financial Sector Information Register.

AI-assisted research summary: This section is about recognition of industry ombud schemes.

AI-assisted research summary: This section concerns the Ombud Council’s requirement for further information or documents.

AI-assisted research summary: This section is titled “Determination of applications.”

AI-assisted research summary: Section 197 is titled “Varying conditions” but no operative rule is provided in the source text.

AI-assisted research summary: Section 198 is titled “Suspension of recognition.”

AI-assisted research summary: Revocation of recognition.

AI-assisted research summary: 200. Procedure for varying, suspending and revoking recognition Part 3 Powers of Ombud Council

AI-assisted research summary: This section is titled “Establishment and function of Financial Services Tribunal.”

AI-assisted research summary: Section title: Members of Tribunal.

AI-assisted research summary: Section heading only: “Term of office and termination of membership.”

AI-assisted research summary: Section heading: Staff and resources.

AI-assisted research summary: Section 223 concerns duties of staff members.

AI-assisted research summary: Section 224 is titled “Panels of Tribunal.”

AI-assisted research summary: This section is titled “Disclosure of interests.”

AI-assisted research summary: This provision is a section heading for tribunal rules about the right to reasons for decisions.

AI-assisted research summary: This section is titled “Finances of financial sector bodies” and places it in Part 3 on budgeting, accounting, auditing and financial reporting.

AI-assisted research summary: This section is about the establishment and operation of the Financial Sector Information Register.

AI-assisted research summary: This section only states the purpose of the register.

AI-assisted research summary: This section is titled “Content of Register,” but the provided text contains no operative rule.

AI-assisted research summary: Section 259 is titled “Keeping of Register.”

AI-assisted research summary: Section 260 is titled “Requirements for registered documents.”

AI-assisted research summary: This section is about the status of the Register and judicial notice.

AI-assisted research summary: This section is about extracts from the Register concerning licence status.

AI-assisted research summary: Section 263 is titled “Rectification of Register.”

AI-assisted research summary: This section is titled “Delegations by Director-General.”

AI-assisted research summary: This section is titled “Ombud Council rules.”

AI-assisted research summary: This section is titled “Directives of Ombud Council” and no operative rule is provided in the supplied text.

AI-assisted research summary: Section title: Enforceable undertakings.

AI-assisted research summary: 204. Compliance with financial sector laws

AI-assisted research summary: This section is titled Administrative penalties.

AI-assisted research summary: Section 207 is titled “Requests for information.”

AI-assisted research summary: This provision is titled “Supervisory on-site inspections and investigations.”

AI-assisted research summary: Section title: Right to be informed.

AI-assisted research summary: This section concerns a right to reasons for decisions.

AI-assisted research summary: This section is a heading for budgeting, accounting, auditing and financial reporting, and the application of the chapter to the Tribunal.

AI-assisted research summary: Section 265 is titled “Duties of members and staff of certain bodies.”

AI-assisted research summary: Section 267 is titled “Requests for information, supervisory on-site inspections and investigations.”

AI-assisted research summary: Section 269 is titled “Administrative penalties.”

AI-assisted research summary: This section concerns proceedings in the Tribunal.

AI-assisted research summary: Section 273 concerns false or misleading information.

AI-assisted research summary: This provision is titled “Accounts and records.”

AI-assisted research summary: This section is titled “False assertion of connection with financial sector regulator.”

AI-assisted research summary: Section title: Liability in relation to juristic persons.

AI-assisted research summary: Section 247 is titled “Matlotlo a mekgatlho ya lephata la ditsˇhelete” and sits in Part 3 on budgeting, asset statements, auditing, and financial reporting.

AI-assisted research summary: Section 248 is a heading about budgeting, financial statements, auditing, and reporting of finances.

AI-assisted research summary: 249. Tiragatso ya Kgaolo mo Lekgotleng KGAOLO 17 TSELE LE TSELE Karolo 1 Karogano ya tshedimosetso le go bega

AI-assisted research summary: Section 250 is titled “Bothati jo bo thapilweng.”

AI-assisted research summary: Section 251 is titled “Karogano ya tshedimosetso.”

AI-assisted research summary: Section 252 concerns notice to authorities of the finance department.

AI-assisted research summary: Section 253 concerns reporting to the authorities of the financial department.

AI-assisted research summary: Section 254 is titled “Thibelo ya tirisobotlhaswa.”

AI-assisted research summary: This section is titled “Protected information” and refers to Part 2 of the Financial Department information register.

AI-assisted research summary: This section concerns the establishment and operation of the Financial Department Register of Information.

AI-assisted research summary: Section 257 is titled “Maitlhomo a Rejisetara.”

AI-assisted research summary: 258. Diteng tsa Rejisetara

AI-assisted research summary: This section is titled “Go tsholwa ga Rejisetara.”

AI-assisted research summary: This section is about requirements for registered documents.

AI-assisted research summary: Section heading about registry requirements and notice of authority.

AI-assisted research summary: Section 262 concerns changes to the register regarding license conditions.

AI-assisted research summary: Section 263 is titled “Paakanyo ya Rejisetara.”

AI-assisted research summary: Section 264 is titled “Ditholelo ka Mokaedikakaretso” and appears under Part 3, “Melato le dikotlhao” (offences and penalties).

AI-assisted research summary: Access to ombud schemes.

AI-assisted research summary: This section concerns restrictions on financial institutions in relation to ombud schemes.

AI-assisted research summary: Section 211 is titled “Applicable ombud schemes.”

AI-assisted research summary: This section concerns overlaps between ombud schemes.

AI-assisted research summary: Section 213 concerns collaboration between ombuds and ombud schemes.

AI-assisted research summary: This section concerns the governing rules of a recognised industry ombud scheme.

AI-assisted research summary: This section concerns an obligation to comply with the governing rules of recognised industry ombud schemes.

AI-assisted research summary: This section concerns the suspension of time barring terms.

AI-assisted research summary: This section is titled “Reporting.”

AI-assisted research summary: This provision is about the functions of the Ombud Council.

AI-assisted research summary: Section title: “Maitlhomo ka kakaretso a puso.”

AI-assisted research summary: Section heading: Ombud Council.

AI-assisted research summary: This section concerns the appointment of board members.

AI-assisted research summary: Section 181 is titled “Paka ya ofisi ya maloko a Boto”.

AI-assisted research summary: Section heading only: reasons for service of Board members.

AI-assisted research summary: Section 183 concerns the removal of board members.

AI-assisted research summary: 184. Botsayakarolo jwa Boto

AI-assisted research summary: This provision is titled “Board meetings.”

AI-assisted research summary: This section is titled “Board decisions.”

AI-assisted research summary: Section 187 is a heading for “Puso le dikomiti tse dingwe tsa Khansele ya Ombud.”

AI-assisted research summary: Section 188 is titled “Ombud yo mogolo.”

AI-assisted research summary: This section is about the duties of board members.

AI-assisted research summary: Section 191 is titled “Badiri le ditlamelwana.”

AI-assisted research summary: Section 192 is headed “Ditiro tsa maloko a badiri” (duties of workers).

AI-assisted research summary: Section 193 is titled “Tshenolo ya dikgatlhegelo” and refers to Part 2 on approval of industrial ombud schemes.

AI-assisted research summary: Section 194 is titled as dealing with acceptance of industrial ombud schemes.

AI-assisted research summary: This section concerns requirements for additional information or documents relating to the Ombud Council.

AI-assisted research summary: Section 196 is titled “Tlhomamiso ya ditiriso”.

AI-assisted research summary: Section 197 is titled “Mabaka a a farologanang” (“different grounds”).

AI-assisted research summary: Section heading: “Kemiso ya kamogelo”.

AI-assisted research summary: 199. Kgogelomorago ya kamogelo

AI-assisted research summary: Section heading: “Tsamaiso ya pharologantsho, tshekego le kgogelomorago ya kamogelo”; Part 3: “Dithata tsa Khansele ya Ombud”.

AI-assisted research summary: Section 201 is titled “Melao ya Khansele ya Ombud.”

AI-assisted research summary: Section 202 is titled “Ditaelo tsa Khansele ya Ombud.”

AI-assisted research summary: Section 203 is titled “Ditumalano tse di gatelelwang.”

AI-assisted research summary: Section 204 is titled “Boikamanyo le melao ya lephata la ditsˇhelete.”

AI-assisted research summary: This section is titled “Dikotlhao tsa tsamaiso” and indicates administrative penalties, but it does not state any specific rule in the provided text.

AI-assisted research summary: Information requests.

AI-assisted research summary: This section is titled workplace inspections and investigations.

AI-assisted research summary: This section is titled “Phitlhelelo ya dikema tsa ombud”.

AI-assisted research summary: 210. Dithibelo mo ditheong tsa ditsˇhelete mabapi le dikema tsa ombud

AI-assisted research summary: Section 211 is titled “Dikema tsa ombud tse di diriswang.”

AI-assisted research summary: This section is titled “Relations between the ombud and ombud committees.”

AI-assisted research summary: This section is titled “Cooperation between ombuds and ombud institutions.”

AI-assisted research summary: Section 214 is titled as regulations governing an acceptable ombud scheme.

AI-assisted research summary: Section title about compliance with rules governing acceptable standards for ombud services.

AI-assisted research summary: Section 216 is titled “Tshekego ya dipeelo tse di beilweng tsa nako.”

AI-assisted research summary: 217. Go bega This gazette is also available free online at www.gpwonline.co.za

AI-assisted research summary: 20 No. 41060 GOVERNMENT GAZETTE, 22 AUGUST 2017 Act No. 9 of 2017 Financial Sector Regulation Act, 2017 20 CHAPTER 15 FINANCIAL SERVICES TRIBUNAL

AI-assisted research summary: This section concerns applications for reconsideration of decisions.

AI-assisted research summary: This provision is titled “Decision of Tribunal not suspended.”

AI-assisted research summary: 232. Proceedings for reconsideration of decisions

AI-assisted research summary: This section is titled “Decisions of panels.”

AI-assisted research summary: This section is titled “Tribunal orders.”

AI-assisted research summary: 236. Enforcement of Tribunal orders Judicial review of Tribunal orders CHAPTER 16 FEES, LEVIES AND FINANCES Part 1 Fees and levies

AI-assisted research summary: This section is titled “Application of Chapter to Tribunal.”

AI-assisted research summary: This section is a headings-only definitions provision covering Part 1 Interpretation and Part 2 Financial Services Tribunal.