Exchange Control Circular No. 11/2010
Authorised Dealers are advised that the entire Section B.16(F) of the Exchange Control Rulings has been deleted and substituted with the following: “(F) FOREIGN LOTTERY TICKETS AND GAMBLING ACTIVITIES Residents may not participate in lotteries organised abroad, as such participation contravenes the Lotteries Act, 1997 (Act No. 57 of 1997). In terms of the National […]
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