National Environmental Management Act, 1998 (107 of 1998)
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter III : Preliminary ProvisionsAuthorised users18. Restriction on borrowing against and repledging of securities belonging to other persons |
No authorised user may—
| (a) | borrow against pledged listed securities an amount in excess of the outstanding balance of any amount which the authorised user may have lent the pledgor against the pledged securities; |
| (b) | repledge listed securities without the written consent of the pledgor. |
