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Usury Amendment Act, 1995 [No. 81 of 1995] - G 16746

OFFICE OF THE PRESIDENT


No. 1542.
6 October 1995

NO. 81 OF 1995: USURY AMENDMENT ACT, 1995

It is hereby notified that the President has assented to the following Act which is hereby published for general information:-

GENERAL EXPLANATORY NOTE:

<< >> Words between pointed brackets indicate insertions in existing enactments.

ACT


To amend the Usury Act, 1968, so as to make provision for the assignment of certain functions and powers to a competent authority within the jurisdiction of the government of a province; and to provide for matters connected therewith.

(English text signed by the President.) (Assented to 28 September 1995.)

BE IT ENACTED by the Parliament of the Republic of South Africa, as follows:-

Insertion of section 12A in Act 73 of 1968

1. The following section is hereby inserted in the Usury Act, 1968, after section 12:

"Assignment of functions and powers by Minister

<<12A. The Minister may by notice in the Gazette assign any function assigned to and any power conferred upon the Registrar by or under this Act to a competent authority within the jurisdiction of the government of a province.>>".

Short title

2. This Act shall be called the Usury Amendment Act, 1995.