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Stock Exchanges Control Amendment Act (No. 71 of 1996)


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To amend the Stock Exchanges Control Act, 1985, so as to insert, amend or delete certain definitions; to further regulate the juristic personality of a stock exchange; to make further provision for the separation of funds of members and other persons; to further regulate the board for the hearing of appeals; to make further provision for the sale of securities otherwise than by means of a bear sale; to provide for the establishment and maintenance of more than one guarantee fund; to further regulate the alienation of securities; to further regulate advertising and canvassing relating to securities; to make further provision for the appointment of an auditor and for accounting records and audit; to make further provision for inspections; to further regulate certain provisions relating to penalties; to further regulate limitation of
liability; and to effect certain technical amendments to the text; to amend the Stock Exchanges Control Amendment Act, 1995, so as to further regulate restrictions on managing investments; and to provide for matters connected therewith.



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