Regulatory Alerts2015-03-30
Added
Revocation of Circular Letter No. 2 of 2002
Circular PI/MAF/CIR/01/2015 revokes Circular Letter No. 2 of 2002 with immediate effect due to contradictory provisions and conflicts with Regulation 3 of the Medical Aid Funds Act. The revoked circular pertained to payments made by medical aid funds or administrators to healthcare intermediaries. The Medical Aid Funds Act prohibits registered funds and administrators from paying or offering payment to any person for introducing new members or retaining existing ones.
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