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Financial Institutions (Protection of Funds) Act (No. 28 of 2001)

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To provide for, and  consolidate  the  laws  relating  to,  the  investment,  safe  custody and  administration of funds  and  trust  property  by  financial  institutions;  to  enable the  registrar  to  protect  such  funds  and  trust  property;  to  repeal  the  Financial Institutions  (Investment  of  Funds)  Act,  1984  (Act No. 39  of  1984);  to  improve  the enforcement  powers  of  the  registrar;  and  to  provide  for  matters  incidental  thereto.

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