Further Legislative Developments

• Pension Funds Act 24 of 1956: Amended by the Financial Sector Regulation Act 9 of 2017 and Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums Act 12 of 2022, with effect from 1 April 2023 (GN 3187 in GG 48291 of 24 March 2023 & GN 3188 in GG 48291 of 24 March 2023)
• Government Employees Pension Law (Proclamation 21 of 1996): Amended by the Financial Matters Amendment Act 9 of 2023, with effect from 14 July 2023 (GN 3683 in GG 48962 of 14 July 2023) (p3)

Proposed Future Developments

• Draft Conduct of Financial Institutions Bill, 2018
• Pension Funds Amendment Bill, 2020 [B30-2020]  [lapsed]
• General Intelligence Laws Amendment Bill, 2023 [B40-2023]
• Pension Funds Amendment Bill, 2024 [B3-2024]

Contact: myjutapockets@juta.co.za