Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 6 : Administrative ActionsPart 1 : Administrative action committees89. Meetings |
| (1) | A meeting of an administrative action committee— |
| (a) | is convened by the chairperson of the committee; and |
| (b) | is chaired by the chairperson or, in the chairperson’s absence, by another member designated by the chairperson or the remaining members. |
| (2) | An administrative action committee determines its procedures, subject to any directions of the financial sector regulator that established the administrative action committee. |
| (3) | The financial sector regulator must ensure that written minutes of each meeting of its administrative action committee are kept in a manner determined by the financial sector regulator. |