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Private Security Industry Regulation Amendment Act Signed

October 11, 2021

The Presidency

President Ramaphosa has assented to the Private Security Industry Regulation Amendment Act.

Parliament passed the Private Security Industry Regulation Amendment Bill and sent it for assent in March 2014.

The bill was tabled in parliament in 2012.

The bill was approved by cabinet in May 2012 for tabling in parliament.

According to the cabinet statement issued at the time, a review of the Private Security Industry Regulatory Authority Act was undertaken to “address gaps that are caused by the lack of effective regulation of the private security industry, in particular, the threat to national security posed by the participation of foreigners”.

At the end of 2013, the bill was sent back to the police committee by the national assembly (NA) to consider further amendments to the bill.

At the beginning of 2014, the NA sent the bill to the national council of provinces for concurrence.

The legislation aims to tighten up the law on foreign ownership of private security firms operating in South Africa.

The Private Security Industry Regulatory Authority was set up to regulate the private security industry and to exercise effective control over security service providers in the public interest.

The act aims to amend the Private Security Industry Regulation Act, 2001, so as to:

• amend certain definitions;
• provide for additional powers of the Minister;
• provide for the appointment of the director and deputy directors for the Authority;
• provide for cooperation with the Civilian Secretariat for Police;
• provide for the finances and accountability of the Authority;
• provide for limitation on foreign ownership;
• provide for the establishment and functions of the Exemption Advisory Committee;
• regulate security services rendered outside the Republic;
• empower the Minister to make regulations for the transportation of cash and other valuables;
• provide for offences and penalties; and
• provide for matters connected therewith.

The act, published in Government Gazette 45295, will come into effect on a date still to be determined by the president.