Appropriation
Bill
8
July 2009
Introductory
remarks to the National Council of Provinces Finance Minister Mr Pravin
Gordhan
SA
Government Information
website
Appropriation
Bill presented to NCOP
- 8 July
Finance Minister Pravin Gordhan presented the Appropriation Bill to the
National Council of Provinces (NCOP) on Wednesday. The original Bill,
tabled in February along with the budget, had to be changed according to
the new Cabinet structure announced by President Jacob Zuma in May.
President Zuma split many departments in his new administration as well
as created new ones. - BuaNews
Online website
Companies
Act, 2008
Companies
Act 2008 : provisions affecting directors
- 2 July
The new Companies Act (Number 71 of 2008) (the Act) was signed by the
President on 8 April 2009. It is set to replace the existing Companies
Act of 1973 and is therefore the first substantial change to this
important area of the law in more than three decades. The Act will,
inter alia, introduce a number of important provisions relating to
directors and in this note we discuss some of the more significant of
those provisions. - Article by Jan Bouwman of Bell Dewar on the Mondaq
website
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Co-operative
Banks Act
9
July 2009
Press
release : Regulations and draft rules for co-operative banks
SA
Government Information
website
Regulations
and draft rules for co-operative banks
- 9 July
National Treasury has gazetted regulations governing co-operative banks in
South Africa. These regulations have been promulgated in terms of the Co-operative
Banks Act. The Co-operative Banks Act hopes to promote access to financial
services, especially by previously excluded South Africans, by
establishing a regulatory framework and development institution for
co-operative banks. It also requires existing financial co-operatives
meeting a set criteria to apply for registration as a co-operative bank by
31 July 2009. - Moneyweb
website
Regulation
of Interception of Communications and Provision of Communication-related
Information Amendment Act 48 of 2008 (RICA)
The
Regulation of Interception of Communications and Provision of
Communication-related Information Amendment Act 48 of 2008 (RICA)
commenced on 1 July 2009. This Act amends the Regulation of
Interception of Communications and Provision of
Communication-related Information Act 70 of 2002. The
new RICA Act impacts directly on all cellphone users, by requiring
all electronic communication service providers, to record and
store the information, in respect of all customers, whose
SIM-cards are activated on its system.
Source
: LexisNexis
30
June 2009
Minister
of Justice and Constitutional Development : briefing on Regulation
of Interception of Communications and Provision of Communication
Related Information Amendment Act
Parliamentary
Monitoring Group
website
30
June 2009
Commencement
of the regulation of Interception of Communications and Provision
of Communication Related Information Amendment Act, 2008
SA
Government Information
website
See
also : South
Africa. Communications
Draft
Taxation Second Laws Amendment Bill
Law
society rejects 'draconian' powers sought by Sars
- 2 July
The "draconian" powers sought by the South African
Revenue Service (Sars) in terms of draft legislation should be
rejected as unconstitutional, the Law Society of South Africa
(LSSA) said on Thursday. "At the very least they should be
postponed for further investigation and proper consultation with
interested bodies and organs of state," it said. - Mail
& Guardian
website
Concession
gives tax relief
- 6 July
The Draft 2009 Taxation Laws Amendments contain a proposal that,
if enacted, will allow individuals to transfer their domestic
residence out of a company or close-corporation, for a period of
two years, tax-free. The motivation for the proposal was to allow
such entities to avoid the payment of annual duties. - Cape
Business News
website
New
on Polity website
Customs
and Excise Act, 1964
Amendment
of Rules (DAR/54)
GNR
699/GG 32348
Amendment
of rules (DAR/55)
GNR
700/GG 32348
Electricity
Act 41 of 1987
Licence fees payable by licenced generators of electricty
GN
689/GG 32331
Health
Professions Act, 1974
Regulations defining the scope of the profession of environmental health
: amendment
GNR
698/GG 32334
Higher
Education Act 101 of 1997
Call for comments on the minimum admission requirements for higher
certificate, diploma and degree programmes requiring a national
certificate (vocational) at level 4 of the National Qualifications
Framework before 30 June 2009
GN
696/GG 32343