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South African Reserve Bank Amendment Act, No. 2 of 1996
To amend the South African Reserve Bank Act, 1989, so as to replace, insert or delete certain definitions; to redetermine the primary objective of the South African Reserve Bank; to further regulate the appointment of certain directors of the Bank; to replace or delete certain obsolete expressions and provisions; to supplement the powers of the Bank in respect of transactions in certain financial instruments; to prescribe corrective steps in the event of the acquisition of shares in the Bank in excess of the permissible maximum shareholding; and to extend the provisions regarding an offence in connection with gold coins; and to provide for matters connected therewith.
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