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

Chapter 14 : Ombuds

Part 1 : Ombud Council

191. Staff and resources

 

(1) The Ombud Council may, in accordance with applicable law—
(a) engage persons as employees;
(b) enter into secondment arrangements;
(c) engage persons on contract otherwise than as employees;
(d) enter into contracts;
(e) acquire and dispose of property;
(f) insure itself against any loss, damage, risk or liability that it may suffer or incur; and
(g) do anything else necessary for the performance of its functions.

 

(2) The Ombud Council may not enter into a secondment arrangement in respect of a person, or engage persons as employees or on contract, unless the person and the Ombud Council have agreed in writing, on—
(a) the performance measures that must be used to assess that person’s performance; and
(b) the level of performance to be achieved against those measures.

 

[Section 191 to take effect on 1 April 2020, per Notice No. 1130 of 2019, GG 42677, dated 30 August 2019]

 

 


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