• Securities Services Act, 2004 (Act No. 36 of 2004) - REPEALED
  • Introduction
  • Chapter I : Preliminary Provisions
    • 1. Definitions
    • 2. Objects of Act
    • 3. Application of Act
    • 4. Prohibitions
  • Chapter II : Regulation and Supervision of Securities Services
    • 5. Registrar and Deputy Registrar of Securities Services
    • 6. Financial Markets Advisory Board
  • Chapter III : Exchanges
    • 7. Definitions
    • Licensing of exchange
      • 8. Application for exchange licence
      • 9. General requirements applicable to applicant for exchange licence
      • 10. Licensing of exchange
    • Functions of exchange
      • 11. General functions of exchange and power of registrar to assume responsibility for functions
      • 12. Listing of securities
      • 13. Removal of listing and suspension of trading
      • 14. Application of new listing requirements and conditions to previously listed securities
      • 15. Disclosure of information by issuers of listed securities
      • 16. Maintenance of insurance, guarantee, compensation fund or other warranty
      • 17. Funds of exchange
    • Exchange rules
      • 18. Requirements with which exchange rules must comply
    • General provisions in relation to exchange
      • 19. Buying and selling listed securities
      • 20. Restriction on buying and selling unlisted securities
      • 21. Reporting of transactions in listed securities
      • 22. Undesirable advertising or canvassing relating to securities
      • 23. Certain written matter to bear names of certain persons
      • 24. Restriction on borrowing against and repledging of securities belonging to other person
      • 25. Marking of or recording details of securities
      • 26. Restriction on alienation of securities
      • 27. Segregation of funds of authorised users and other persons
      • 28. "stockbroker" and related designations
  • Chapter IV : Custody and Administration of Securities
    • 29. Definitions
    • Licensing of cental securities depository
      • 30. Application for central securities depository licence
      • 31. General requirements applicable to applicant for central securities depository licence
      • 32. Licensing of central securities depository
      • 33. Functions of central securities depository
    • Participant
      • 34. Acceptance of participant
    • Functions of participant
      • 35. Functions of participant
    • Nominee
      • 36. Approval of nominee
    • Uncertified securities
      • 37. Uncertificated securities
      • 38. Functions of issuer of uncertificated securities
    • Depository rules
      • 39. Requirements with which depository rules must comply
    • General provisions relating to custody and administration of securities
      • 40. Registration of securities
      • 41. Ownership of securities
      • 42. Transfer of securities
      • 43. Pledge, or cession of securities to secure debt
      • 44. Delivery of securities
      • 45. Records
      • 46. Warranty
      • 47. Relationship of trust
      • 48. Attachment
  • Chapter V : General Provisions Applicable to Self-Regulatory Organisations
    • 49. Expiry and renewal of licence of self-regulatory organisation
    • 50. Refusal of renewal of licence
    • 51. Cancellation or suspension of licence
    • 52. Juristic personality of self-regulatory organisation and carrying on additional business
    • 53. Demutualisation of self-regulatory organisation
    • 54. Amalgamation or transfer of self-regulatory organisation
    • 55. Duty of members of controlling body of self-regulatory organisation
    • 56. Appointment of members of controlling body of self-regulatory organization
    • 57. Limitation on control of and certain shareholding or other interest in certain self-regulatory organisations
    • 58. Delegation of functions
    • 59. Report by self-regulatory organisation to registrar
    • 60. Attendance of meetings by, and furnishing of documents to, registrar
    • 61. Manner in which exchange rules and depository rules may be made, amended or suspended and penalties for contraventions of such rules
    • 62. Limitation of liability
    • 63. Disclosure of information by self-regulatory organisation
  • Chapter VI : Clearing House
    • Licensing of clearing house
      • 64. Application for clearing house licence
      • 65. General requirements applicable to applicant for clearing house licence
      • 66. Licensing of clearing house
      • 67. Renewal, cancellation or suspension of clearing house licence
      • 68. Limitation of liability
      • 69. Amalgamation or transfer of clearing house
  • Chapter VII : Code of Conduct
    • 70. Code of conduct for authorised users
    • 71. Principles of code of conduct
  • Chapter VIII : Market Abuse
    • 72. Definitions
    • Offences
      • 73. Insider trading
      • 74. Publication
      • 75. Prohibited trading practices
      • 76. False, misleading or deceptive statements, promises and forecasts
    • Civil liability
      • 77. Civil liability resulting from insider trading
      • 78. Powers of directorate in civil proceedings
    • Procedural matters
      • 79. Jurisdiction
      • 80. Assessment of fines and penalties
      • 81. Attachments and interdicts
    • Administration of this Chapter
      • 82. Powers and duties of Financial Services Board
      • 83. Composition and functions of directorate
      • 84. Financing of directorate
    • General provisions
      • 85. Protection of existing rights
      • 86. Confidentiality and sharing of information
      • 87. Offences committed in terms of section 440F of Companies Act and Insider Trading Act
  • Chapter IX : General Provisions
    • Auditing
      • 88. Auditor
      • 89. Accounting records and audit
      • 90. Functions of auditor
      • 91. Furnishing of information in good faith by auditor
      • 92. Power of registrar to request audit
    • Powers of registrar and court
      • 93. Powers of registrar to investigate or conduct inspection
      • 94. Powers of registrar after investigation or inspection
      • 95. Power of registrar to impose penalties
      • 96. Power of court to declare person disqualified
    • Enforcement committee
      • 97. Establishment of enforcement committee
      • 98. Composition of enforcement committee
      • 99. Functions of enforcement committee
      • 100. Enforcement committee proceedings
      • 101. Referral of matter
      • 102. Consideration of matter by enforcement committee
      • 103. Admission by respondent
      • 104. Imposition of administrative penalty
      • 105. Payment of compensatory amount
      • 106. Confidentiality
    • Winding-up judicial management and curatorship
      • 107. Winding-up or sequestration by court
      • 108. Judicial management
      • 109. Appointment of curator
      • 110. Appointment of liquidator and judicial manager
    • Miscellanea
      • 111. Right of appeal
      • 112. Evidence
      • 113. Regulations
      • 114. Fees
      • 115. Offences and penalties
      • 116. Savings
      • 117. Amendment and repeal of laws
      • 118. Short title and commencement
  • Schedule
    • Laws Amended or Repealed
• Notices
  • Notice 20 of 2005
    • Code of Conduct for Authorised Users
    • 1. Definitions, construction and application
    • 2. General duties of authorised users
    • 3. Furnishing of advice
    • 4. Disclosure to clients
    • 5. Record-keeping
    • 6. Inducements
    • 7. Advertisements
    • 8. Safekeeping and separation of funds and assets
    • 9. Client statements
    • 10. Internal control and risk management
    • 11. Guarantees and insurance cover
    • 12. Waiver of rights
    • 13. Exemption
    • 14. Commencement
  • Notice 23 of 2005
    • Conditions Applicable to the Granting and Renewal of an exchange, Central Securities Depository or Clearing House Licence
    • 1. Definition
    • 2. Application for and renewal of licence
    • 3. Address
    • 4. Commencement
    • Forms
      • Form SS 1 : Application under section 8(3), 30(2) and 64(2) of the Act for an exhange, central securities depository or clearing house licence, respectively
      • Form SS 2 : Application for renewal of licence
    • Annexures
      • Annexure 1 : Form SS 1
      • Annexure 2 : Form SS 1
      • Annexure 1 : Form SS 2