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South Africa
NATIONAL
LEGISLATION OVERVIEWS
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Financial
Sector and Deposit Insurance Levies Act, No. 11 of 2022 NOTE:
Assented to and published in English, with alternative copy in Northern
Sotho, except the Notice of assent which is in Southern Sotho*
Long title
To
provide for the imposition of financial sector levies on supervised
entities; to provide for the imposition of a deposit insurance levy; to
provide for exemption from such levies under certain circumstances; to
provide for the allocation of amounts levied to financial sector
bodies; and to provide for matters connected therewith.
Table
of
contents
SECTION |
TITLE |
|
PREAMBLE |
| ARRANGEMENT OF SECTIONS |
1. |
Definitions and interpretation |
| PART A. FINANCIAL SECTOR LEVY AND SPECIAL LEVY |
2. |
Imposition of levies |
3. |
Supervised entities subject to financial sector levy |
4. |
Amount and payment of financial sector levy |
5. |
Levy year |
6. |
Levy period |
7. |
Apportionment |
8. |
Special levy |
| PART B. DEPOSIT INSURANCE LEVY |
9. |
Deposit insurance levy |
| PART C. PROVISIONS APPLICABLE TO ALL LEVIES |
10. |
Amendment of Schedules |
11. |
Exemption from levies |
12. |
Allocation of amounts levied to financial sector bodies |
13. |
Short title and commencement |
Sch. 1 |
SCHEDULE 1. FINANCIAL SECTOR LEVY CALCULATION FOR SUPERVISED ENTITIES IN RESPECT OF PRUDENTIAL AUTHORITY [s1, s4, s8, s10, s11, Sch3, Sch6] |
Sch. 2 |
SCHEDULE 2. FINANCIAL SECTOR LEVY CALCULATION FOR SUPERVISED ENTITIES IN RESPECT OF FINANCIAL SECTOR CONDUCT AUTHORITY [s1, s4, s8, s10, s11, s12, Sch3, Sch4, Sch6] |
Sch. 3 |
SCHEDULE 3. FINANCIAL SECTOR LEVY CALCULATION FOR SUPERVISED ENTITIES
IN RESPECT OF TRIBUNAL [s1, s4, s8, s10, s11, s12, Sch6] |
Sch. 4 |
SCHEDULE 4. FINANCIAL SECTOR LEVY CALCULATION FOR SUPERVISED ENTITIES IN RESPECT OF OMBUD COUNCIL [s1, s4, s8, s10, s11, s12, Sch6] |
Sch. 5 |
SCHEDULE 5. FINANCIAL SECTOR LEVY CALCULATION FOR SUPERVISED ENTITIES IN RESPECT OF STATUTORY OMBUD SCHEMES [s1, s4, s8, s10, s11, s12, Sch6] |
Sch. 6 |
SCHEDULE 6. DEPOSIT INSURANCE LEVY [s9, s11] |
.
Legislation
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of the Gazette in which either the Act was
originally published or in which the amending,
lapsing or repealing instrument was published. Where any segment of the
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