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Credit Rating Services Act, 2012 (Act No. 24 of 2012)

Board Notices

Board Notice 171 of 2013

2. Administrative penalty to be imposed

 

 

The administrative penalty which the registrar may impose on a registered credit rating agency for failure to submit to the registrar within a period specified in terms of the Act, any statement, report, return or other document or information required to be submitted in terms of the Act, is R 1 000 for every day during which the failure continues.

 


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