NAlIONAL TREASURY No. R.
Act, 1990 Act No. 97 of 1990}, made the regulations in the Schedule_.
"the Act" means the Financial Services Board Act, 1990 (Act No. 97 of 1990).
particulars of the decision against which an appeal is noted, and must be accompanied by payment of the amount of one thousand rand (R1 000).
The secretary of the appeal board must without delay furnish a copy of the document referred to in sub-regulation (1) to the decision-maker.
The decision-maker must within 30 days of receiving the copy referred to in sub-regulation (2), furnish the reasons for the relevant decision against which an appeal is lodged in writing to the secretary of the appeal board, who must without delay remit a copy thereof to the appellant.
The appellant must within 30 days of the date of receipt of the written copy of the reasons for the decision, referred to in sub-regulation (3), deliver a notice of appeal to the secretary of the appeal board, which notice must contain full particulars of the grounds of appeal.
If the appellant fails to deliver a notice of appeal within the 30 days, the appeal lapses.
must after the date, place and time for the hearing of the appeal has been fixed in terms of section 268(6) of the Act, submit the originals of the documents referred to in these regulations to the appeal board.
Government Notice No. R. 6 of 1993 in Gazette No. 14514 of 8 January 1993, as amended, is hereby repealed.
These regulations are called the Regulations in respect of Appeals to Appeal Board, 2011.