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Competition Act, 1998 (Act No. 89 of 1998)

Regulations

COVID-19 Block Exemption for the Banking Sector 2020

7. Monitoring

 

The Banks, financial institutions, Banking Association of South Africa, Payments Association of South Africa and Association of Saving and Investment South Africa must keep minutes of meetings held and written records of any agreements or practices falling within the scope of these exemptions.

[Regulation 7 substituted by section 4 of Notice No. R. 502, GG43280, dated 5 May 2020]