South Africa
Financial Advisory and Intermediary Services Act, 2002
Exemption of compliance officers from the regulatory examination, 2012
Board Notice 207 of 2012
- Published in Government Gazette 35997 on 13 December 2012
- Commenced on 13 December 2012
- [This is the version of this document from 13 December 2012.]
1. Definitions
In this Schedule,“the Act” means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002), any word or expression to which a meaning is assigned in the Act shall have that meaning, and unless the context otherwise indicates—“Criteria for approval as compliance officer” means the Qualifications, Experience and Criteria for Approval of Compliance Officers, 2010, published by Board Notice 27 of 2010 in Government Gazette No. 33537 on 9 September 2010;“compliance officer” means a compliance officer approved by the Registrar and an applicant applying for approval as a compliance officer between 1 January 2012 and 31 December 2013.2. Extent of exemption and condition
A compliance officer is exempted from paragraph 3(1)(b) provided he or she successfully completes the regulatory examination by 31 December 2013.3. Amendment and withdrawal of exemption and conditions
The exemption and conditions mentioned in paragraph 2 are subject to—4. Short title and commencement
This Exemption is called the Exemption of compliance officers from the Regulatory Examination, 2012, and comes into operation on the date of publication in the Gazette.History of this document
13 December 2012 this version
Commenced