Section 53A: Banking Services Review Panel
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
53A. Banking Services Review Panel
(1) There is set up for the purposes of this Part an ad hoc review panel
which shall be known as the Banking Services Review Panel or the Review
Panel.
(2) Any financial institution which is dissatisfied with a decision of the
Bank relating to the imposition of—
(a) a limitation on the quantum of fees or charges under section 6 (1) (w);
(b) a penalty under section 49 (6) or 52 (5) (b); or
(c) an administrative penalty under section 50 (6),
may apply to the Review Panel, in a form approved by the Review Panel, for
a review of the decision.
[S. 53A inserted by s. 2 (e) of Act 27 of 2012 w.e.f. 22 December 2012.]