SECTION 51 MANUAL
PRESCIENT SECURITIES (PTY) LTD

PARTICULARS IN TERMS OF THE SECTION 51 MANUAL

1. Contact details
2. The section 10 Guide on how to use the Act
3. Records available in terms of any other legislation
4. Access to the records held by the private body in question
i. The latest notice regarding the categories of records of the body,
which are available without a person having to request access in
terms of this Act in terms of section 52(2)
ii. Records that may be requested
iii. The request procedures
5. Other information as may be prescribed
6. Availability of the manual

Introduction to Prescient Securities (Pty) Ltd

Our core business is broking in financial instruments on behalf of clients.

Particulars in terms of the Section 51 manual

1. Contact details [Section 51(1)(a)]

Prescient House
The Terraces
Steenberg Boulevard
Steenberg Office Park
Tokai
Cape Town
7966

Postal address: PO Box 31142
Tokai
7966

Phone number: 021 - 700 3600
Fax number: 021 - 700 3750
E-mail address of CEO:willem@prescient.co.za
Website address: www.psec.co.za

2. The section 10 Guide on how to use the Act [Section 51(1)(b)]
The Guide will be available from the South African Human Rights Commission
by not later than August 2003. Please direct any queries to:

The South African Human Rights Commission:

PAIA Unit
The Research and Documentation Department
Postal Address: Private Bag 2700
Houghton
2041
Telephone: +27 11 484 8300
Fax: +27 11 484 0582
Website: www.sahrc.org.za
E-mail: PAIA@sahrc.org.za

3. Records available in terms of any other legislation [Section 51(1)(d)]

Basic Conditions of Employment No.75 of 1997
Companies Act No. 61 of 1973
Employment Equity Act No. 55 of 1998
Financial Services Board Act No. 97 of 1990
Income Tax Act No. 95 of 1967
Labour Relations Act No. 66 of 1995
Pension Funds Act No.24 of 1956
Regional Services Councils Act No. 109 of 1985
Skills Development Levies Act No. 9 of 1999
Skills Development Act No. 97 of 1998
Stock Exchange Control Act No. 1 of 1985
Tax on Retirement Funds Act No. 38 of 1996
Unemployment Contributions Act No. 4 of 2002
Unemployment Insurance Act No. 63 of 2001
Value Added Tax Act No. 89 of 1991

4. Access to the records held by the private body in question [Sections 51(1)(c) and 51(1)(e)]

i. The latest notice regarding the categories of records of the body, which are available without a person having to request access in terms of this Act in terms of section 52(2) [Section 51(1)(c)]

For information on the company consult our website - www.psec.co.za

ii. Records that may be requested. A description of the subjects of the records held by the body and the categories in which these subjects are classed [Section 51(1)(e)]

Administration
Minutes of meetings of the directors
Correspondence
Human Resources
Remuneration records
Operations
Client mandates
Record of income received
Investment records
Finances
Management accounts
Annual financial statements
Vouchers
Fixed assets inventory
Statutory records

iii. The request procedures

Form of request:

The requester must use the prescribed form to make the request for access to a record. This must be made to the head of the private body. This request must be made to the address, fax number or electronic mail address of the body
concerned [s 53(1)].

The requester must provide sufficient detail on the request from to enable the head of the private body to identify the record and the requester. The requester should also indicate which form of access is required. The requester should also
indicate if any other manner is to be used to inform the requester and state the necessary particulars to be so informed [s 53(2)(a) and (b) and (c)].

The requester must identify the right that is sought to be exercised or to be protected and provide an explanation of why the requested record is required for the exercise or protection of that right [s 53(2)(d)].

If a request is made on behalf of another person, the requester must thensubmit proof of the capacity in which the requester is making the request to thesatisfaction of the head of the private body [s 53(2)(f)].

Fees:
A requester who seeks access to a record containing personal information about thatrequester is not required to pay the request fee. Every other requester, who is not a personal requester, must pay the required request fee:

The head of the private body must notify the requester (other than a personal requester) by notice, requiring the requester to pay the prescribed fee (if any) before further processing the request [s 54(1)].

The fee that the requester must pay to a private body is R50. The requester may lodge an application to the court against the tender or payment of the request fee [s 54(3)(b)].
After the head of the private body has made a decision on the request, the requester must be notified in the required form.
If the request is granted then a further access fee must be paid for the search, reproduction, preparation and for any time that has exceeded the prescribed hours to search and prepare the record for disclosure [s 54(6)].

5. Other information as may be prescribed [Section 51(1)(f)] The Minister of Justice and Constitutional Development has not made any regulations in this regard.

6. Availability of the manual [Section 51(3)]
The manual is available for inspection at our offices, free of charge. Copies are also available with the SAHRC, in the Gazette and on our website.