No approval of company actions and documentation required by the Companies and Intellectual Property Commission (CIPC) any longer. The Companies Act 71 of 2008 specifically reduces the company’s reliance on the regulator, the Companies and Intellectual Property Commission (“CIPC”). Although companies still have to comply...
Northview Shopping Centre v Revelas Properties (275/09) [2010] ZASCA 16 (18 March 2010) A close corporation, like a company, is a legal fiction. It can enter into legal transactions only through natural persons. The question for decision in this appeal was whether an agent of...
There are potentially three types of cooling off applicable to the purchase of land 1. Purchaser price of R250 000 or less Section 29A of the Alienation of Land Act provides that if someone purchases a property valued at R250 000 or less they are...
When the seller of immovable property is a company or a close corporation, and the company or close corporation disposes of the whole or the major part of its assets (for instance when a company / cc having only one asset being its immovable property...
Regulation 12 of the Electrical Machinery Regulations, 2011 imposes an obligation on the user of an electric fence system to have an electric fence system certificate of compliance in the event that a property with an electric fence is transferred. Regulation 12 does not prohibit...
BASICS REGARDING THE NEW REGULATIONS: The issue of Certificates of Compliance (ECC) is regulated by the Occupational Health & Safety Act, 1993 read with the Electrical Installations Regulations 2009 (as amended from time to time). It is no longer regulated by the Machinery and Occupational...
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