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Securities Services Act, 2004 (Act No. 36 of 2004)

Chapter VIII : Market Abuse

General provisions

87. Offences committed in terms of section 440F of Companies Act and Insider Trading Act

 

(1) Despite the repeal of section 440F of the Companies Act, and the Insider Trading Act, the board is responsible for investigating alleged offences in terms of that section and the latter Act that were committed before the repeal, and for that purpose it has the powers and duties referred to in section 82.

 

(2) The Securities Regulation Panel constituted in terms of section 440B of the, Companies Act must disclose to the board all information in its possession relating to an, alleged offence in terms of this Chapter.

 

(3) The board may disclose information received in terms of subsection (2) to any of the institutions or persons referred to in section 86(3).