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Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002)

Chapter VI : Enforcement

Part 1 : Ombud for financial services providers

25. Disestablishment and liquidation of Office

 

 

1) The Office may not be disestablished or liquidated except by an Act of Parliament.

 

2) In the event of any such disestablishment or liquidation, the surplus assets of the Office (if any) accrue to the Board.