Financial Advisory and Intermediary Services Act 2002 (Act No. 37 of 2002)
Amendment of the Determination of Fit and Proper Requirements, 2020
Chapter 1 : Interpretation, Purpose and Application of Determination
6. Specific requirement for FSPs and representatives rendering financial services in respect of the financial product: Health Service Benefit
To qualify for authorisation as an FSP or appointment as a representative of an FSP or to remain so authorised or appointed to render financial services in respect of the financial product: Health Service Benefit, a person must be accredited as a broker or an apprentice broker in terms of regulation 28B of the Regulations issued in terms of section 67 of the Medical Schemes Act, 1998 (Act No. 131 of 1998).