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Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 7 : Regulatory Instruments

Part 1 : Regulatory instruments

103. Submission of regulatory instruments to Parliament

 

(1) Before making a regulatory instrument in terms of section 98 or 99, the maker of the regulatory instrument must submit the regulatory instrument to Parliament, for a period of at least 30 days while Parliament is in session, together with—
(a) the documents mentioned in section 98(1)(a); and
(b) a report on the consultation process referred to in section 104.

 

(2) Before making a regulatory instrument in terms of section 100, the maker of the regulatory instrument must submit to Parliament, whether in session or not, the documents mentioned in section 100(1)(a) for a period of at least seven days (which period may run concurrently with the seven days referred to in section 100(2)).

 

 


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