reserve-bank

Dear South Africa

The Parliamentary Standing Committee on Finance invites the public to comment on the South African Reserve Bank Amendment Bill [B26 – 2018], which amends the South African Reserve Bank Act, 1989 (Act No.90 of 1989).

The bill aims to (among other things);

  • Provide for the appointment of certain Board directors by the Minister
  • Provide for the tenure of office of appointed directors
  • Deal with the filling of casual vacancies for appointed directors
  • Make the State the sole holder of the shares in the Bank
  • Give the Minister the power to appoint auditors of the Bank
  • Give the Minister the power to make regulations relating to the appointment of appointed directors.

30015 participants (closed 16 November)

DearSA reserve bank amendment bill
Dear South Africa

[CLOSED] Have your say – shape this policy.

    Do you support the South African Reserve Bank Amendment Bill?

    What is your top concern?


    [CAMPAIGN CLOSED]

    Dear South Africa

    SUMMARY

    The South African Reserve Bank Amendment Bill [B26 – 2018] aims to:

    • Amend the South African Reserve Bank Act, 1989, so as to delete certain definitions
    • Insert a definition
    • Provide for the appointment of certain Board directors by the Minister
    • Provide for the tenure of office of appointed directors
    • Deal with the filling of casual vacancies for appointed directors
    • Make the State the sole holder of the shares in the Bank
    • Repeal certain sections
    • Give the Minister the power to appoint auditors of the Bank
    • Give the Minister the power to make regulations relating to the appointment of appointed directors; and
    • Provide for matters connected therewith.

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