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

Chapter 3 : Prudential Authority

Part 1 : Establishment, objective and functions

32. Establishment

 

(1) An authority called the Prudential Authority is hereby established.

 

(2) The Prudential Authority is a juristic person operating within the administration of the Reserve Bank.

 

(3) The Prudential Authority is not a public entity in terms of the Public Finance Management Act.