• Financial Services Ombud Schemes Act, 2004 (Act No. 37 of 2004)
  • Act
  • 1. Definitions
  • 2. Establishment of Financial Services Ombud Schemes Council
  • 3. Composition of Council
  • 4. Term of office of members of Council
  • 5. Vacating of office by members of Council
  • 6. Meetings and decisions of Council
  • 7. Remuneration of members of Council
  • 8. Functions of Council and registrar
  • 9. Expenditure and service fees
  • 10. Requirements for recognition of scheme
  • 11. Application for recognition by scheme
  • 12. Suspension, reinstatement or withdrawal of recognition
  • 13. Jurisdiction
  • 14. Authority of statutory ombud to entertain certain complaints
  • 15. Prescription and saving of rights
  • 16. Report of Ombud
  • 17. Declaration as financial instititution
  • 18. Prohibition and exemptions
  • 19. Regulations
  • 20. Short title and commencement