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South African Postbank Limited Act, 2010 (Act No. 9 of 2010)

Chapter VI : General and Miscellaneous

30. Transitional provisions


Notwithstanding the repeal of sections 51(1), (3) and (4), 52, 53, 55 and 58 of the Postal Services Act by section 31, until the Company is registered as a bank as contemplated in section 4(2), the former Postbank continues to function without any interruption, as if those sections have not been repealed.