sec.204Rules about ring fencing

sec.204 Rules about ring fencing

The Rules may make provision for matters relating to ring fencing the activities of providers, including the following: requirements for the structural and operational separation of the activities of providers; separate accounting requirements for the activities of providers; dealings by providers with associates. In this section— provider means the following: a blend processing service provider; the owner, operator or controller of a class of facility prescribed by the Regulations. s 204 prev s 204 amd 2020 No. 37 (SA) s 64 om 2022 No. 21 (SA) s 75 pres s 204 ins 2023 No. 36 (SA) s 52 (sec.204-ssec.1) The Rules may make provision for matters relating to ring fencing the activities of providers, including the following: requirements for the structural and operational separation of the activities of providers; separate accounting requirements for the activities of providers; dealings by providers with associates. (sec.204-ssec.2) In this section— provider means the following: a blend processing service provider; the owner, operator or controller of a class of facility prescribed by the Regulations.

• (a) requirements for the structural and operational separation of the activities of providers;
• (b) separate accounting requirements for the activities of providers;
• (c) dealings by providers with associates.
• (a) a blend processing service provider;
• (b) the owner, operator or controller of a class of facility prescribed by the Regulations.