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South
Africa
NATIONAL LEGISLATION OVERVIEWS
NATIONAL LEGISLATION OVERVIEWS
South African Reserve Bank
Amendment Act, No. 2 of 1996
Long
title
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.
Table of contents
Legislation Text Access Point
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.
Table of contents
| SECTION | TITLE |
| 1. | Amendment
of section 1 of Act 90 of 1989... |
| 2. | Substitution
of section 3 of Act 90 of 1989 |
| 3. | Amendment
of section 4 of Act 90 of 1989... |
| 4. | Amendment
of section 6 of Act 90 of 1989... |
| 5. | Amendment
of section 10 of Act 90 of 1989... |
| 6. | Amendment
of section 11 of Act 90 of 1989... |
| 7. | Substitution
of section 12 of Act 90 of 1989... |
| 8. | Amendment
of section 22 of Act 90 of 1989... |
| 9. | Amendment
of section 23 of Act 90 of 1989 |
| 10. | Amendment
of section 34 of Act 90 of 1989 |
| 11. | Repeal
of section 39 of Act 90 of 1989 |
| 12. | Short title |
Legislation Text Access Point
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