Regulatory Alerts2018-03-31
Information Circular 7 of 2013: Exemption from Prescribed Fees for Street Name Address Changes
The Financial Services Board of South Africa exempts pension funds from paying prescribed regulatory fees for rule amendments that solely update a fund's registered address following a street name change. This fee waiver applies exclusively to address modifications and explicitly excludes any other proposed rule alterations, additions, or rescissions submitted to the registrar. Funds proposing amendments beyond the street name address update must continue to pay the standard prescribed fees as mandated by Regulation 24(a)(iv) of the Pension Funds Act regulations.
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