National Environmental Management Act, 1998 (107 of 1998)
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter XII : General provisionsWinding-up, business rescue and curatorship102. Appointment of curator |
| (1) | Despite any other law, the court may appoint a curator in terms of section 5 of the Financial Institutions (Protection of Funds) Act in respect of any regulated person. |
| (2) | The Financial Institutions (Protection of Funds) Act applies to the management and control of a regulated person by a curator appointed under this section. |
| (3) | If a curator is appointed under this section, no business rescue or liquidation proceedings under the Companies Act or sequestration proceedings under the Insolvency Act may be commenced in respect of that regulated person until the appointment of the curator is terminated, or with the leave of the court. |
