The Authority was established in terms of Section 2 of the Private Security Industry Regulation  Act  (56  of  2001)  in  2002,  hereinafter  referred  to  as  the  “Act”. The strategic  mandate  of PSiRA  originates  from  the  Act  and  the  regulations  issued  in terms thereof.  The primary objectives of PSiRA are to regulate the private security industry  and  to  exercise  effective  control  over  the  practice  of  the  occupation  of  security  service  provider  in  the  public  and  national  interest  and  in  the  interest  of the private security industry itself.