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Section 85A: Application of Part XIA

Financial Services Act · PART XIA: THE FINANCIAL SERVICES PROMOTION AGENCY

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.

85A. Application of Part XIA (1) This Part shall apply to the Financial Services Promotion Agency established under section 85B. (2) Subject to subsection (3), the other Parts of this Act shall not apply to this Part. (3) Sections 2, 80 (1) and (2), 81, 84 and 85 and Part Xll shall apply to the Agency as they apply to the Commission with such modifications, adaptations, qualifications and exceptions as may be necessary to bring them in conformity with this Part. (4) In this Part— “Agency” means the Financial Services Promotion Agency established under section 85B; “Board” means the Board referred to in section 85B (2); “Chairperson” means the Chairperson of the Board appointed under section 85B (3); “Director” means the Director of the Agency appointed under section 85D; F10 – 52 (1) [Issue 7] Financial Services Act “employee” means an employee of the Agency appointed under this Part; “member”— (a) means a member of the Board; and (b) includes the Chairperson. [S. 85A inserted by s. 18 (b) of Act 9 of 2015 w.e.f. 14 May 2015.]

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