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{
    "id": 326184,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/326184/?format=api",
    "text_counter": 338,
    "type": "speech",
    "speaker_name": "supervisionof 36 Wednesday, 3rd October, 2012(P) ReportingInstitutions",
    "speaker_title": "",
    "speaker": null,
    "content": ". (2) Subject to subsection (1), each supervisory body shall be responsible for supervising and enforcing compliance with this Act or any instruction, direction, guideline or rule made pursuant to or in terms of this Act by all reporting institutions regulated or supervised by it and to whom the provisions of this Act apply. (3) The obligation referred to in subsection (2) shall form part of the legislative mandate of any supervisory body and shall constitute a core function of that supervisory body. (4) Any law which regulates a supervisory body or authorises that supervisory body to supervise or regulate any reporting institution to whom the provisions of this Act apply, shall take account of subsection (2), and a supervisory body may utilise any fees or charges it is authorised to impose or collect to defray expenditure incurred in performing its obligations under this Act or any order, determination or directive made in terms of this Act. (5) A supervisory body, in meeting its obligation referred to in subsection (2), may - (a) (a) in addition to any powers it has under any other Act, exercise any power afforded to it in this Act; (b) (b) take any measures it considers necessary or expedient to meet its obligations as imposed by this Act or any order, determination, instruction, directive or rule made in terms of this Act, or to achieve the objectives of the Centre or this Act; (c) (c) require a reporting institution supervised or regulated by it and to whom the provisions of this Act apply, to report on that institution's compliance with this Act or any order, determination, instruction, directive or rule made under this Act in the form, manner and within the period determined by the supervisory body; (d) (d) issue or amend any licence, registration, approval or authorisation that the supervisory body may issue or grant in accordance with any Act, to include the following conditions- (i) (i) compliance with this Act; and (ii) the continued availability of human, financial, technological and other resources to ensure compliance with this Act or any order, determination or directive"
}