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Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Act, 2022

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To provide for the collection and administration of levies imposed in terms of the Financial Sector and Deposit Insurance Levies Act, 2022; to amend the Financial Sector Regulation Act, 2017, in order to provide for the administration of levies imposed in terms of the Financial Sector and Deposit Insurance Levies Act, 2022; to provide for the imposition, collection and administration of deposit insurance premiums; to amend the Pension Funds Act, 1956, the Banks Act, 1990, the Mutual Banks Act, 1993, and the Financial Advisory and Intermediary Services Act, 2002, to align them with the Financial Sector Regulation Act, 2017, in respect of the financing of financial sector bodies; and to provide for matters connected therewith.

 

Last update: March 2023


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Latest Developments:

 

The Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Act, 2022 (Act No. 12 of 2022), has been updated with the Commencement of certain sections of the NEW ACT, as per Notice No. 3188 of GG48291 dated 24 March 2023.

 

The Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Act, 2022 (Act No. 12 of 2022), has been added to the site on 29 March 2023, as per Notice No. 1511 of GG47695 dated 9 December 2022.