Companies
Act, 2008
Companies
Act clears some muddy water
- 13 July
One
of the most controversial aspects of our company law concerns whether a
company can indemnify its directors when they breach their common law or
fiduciary duties, and, related to this, whether a company can take out
an insurance policy protecting itself and its directors against this
type of liability. These issues are currently regulated by section 247
of the Companies Act, 1973. This provision is far from a model of
clarity, and few will mourn its demise once the new Companies Act, 2008,
comes into force next year. - Business
Report
website
Constitution
|
In
terms of Section 45(1)(c) of the Constitution of the
Republic
of
South Africa
, 1996, the Constitutional Review Committee must review the
Constitution annually. Therefore,
members of the public are invited to make written submissions to
the Constitutional Review Committee on specific sections of the
Constitution that they feel need to be reviewed.
Submissions
can be emailed to Ms Pat Jayiya at pjayiya@parliament.gov.za
by no later than Wednesday, 19 August 2009
Issued
by Adv SP Holomisa, MP and Mr BA Mnguni, MP: Co-chairpersons:
Constitutional Review Committee
The
document is also here: www.pmg.org.za/policy_docs?page=1
Source
: Parliamentary Monitoring Group
|
Constitution
Seventeenth Amendment Bill of 2009
Cape
Town opposed to Constitution 17th Amendment bill
- 16 July
Statement by Executive Mayor Dan Plato on the Constitution
Seventeenth Amendment Bill, July 16 2009. On 17 June 2009, in
Government Gazette 32311, the Department of Justice and
Constitutional Development gave notice of its intention to
introduce the Constitution Seventeenth Amendment Bill of 2009, in
the National Assembly. According to the memorandum attached to the
Bill, this proposed amendment to the Constitution "seeks to
vest the national government with new powers of intervention in
local government when it is necessary to achieve regional
efficiencies and economies of scale in respect of municipal
functions." The memorandum also states that the Bill "is
designed to facilitate not only EDI restructuring, but also the
regionalisation of other municipal functions, when
necessary". - Politicsweb
website
Consumer
Protection Act
New
laws aim to protect consumers from unscrupulous marketers
- 15 July
Consumers will be protected from unscrupulous traders and
suppliers trying to sell their goods by way of telesales and other
marketing devices, according to new consumer laws. Marketers,
companies, small businesses, banks and the manufacturing and
services industry will be bound to change their business practices
to ensure compliance with the new Consumer Protection Act. - allAfrica
website
Act
likely to lead to increase in consumer activism
- 17 July
The new Consumer Protection Act (CPA) was likely to lead to an
increase in consumer activism, attorney John Oxenham said in
Johannesburg. He said the CPA would protect consumers from
unconscionable, unfair, unreasonable, unjust or otherwise improper
trade practices. It would also protect them from deceptive,
misleading, unfair or fraudulent conduct. - Supermarket
website
New
on Polity website
Bilateral
Investment Treaty Policy Framework
For public comments (Deadline : July 24, 2009)
GN
961/GG 32386
Co-operative
Banks Act 40 of 2007
Draft
Co-operative Banks Act Combined Rules
For public comments (Deadline : July 31, 2009)
GN
936/GG 32356
Regulations
in terms of section 86
GNR
712/GG 32357
Defence
Act, 2002
Regulations for the defence force
GNR
714/GG 32359
Income
Tax Act 58 of 1962
Notice to furnish returns for the 2009 year of assessment
GN
711/GG 32354
Local
Government : Municipal Finance Management Act, 2003
Effective date of Eskom's electricity price increase for
municipalities and municipal entities
GN
938/GG 32363
National
Environmental Management Act 107 of 1998
Amendment of GNRs 386 and 387 of 2006
GN
719/GG 32369
National
Environmental Management : Waste Act 59 of 2008
List of waste management activities that have, or are likely to
have, a detrimental effect on the environment
GN
718/GG 32368
National
Nuclear Regulator Act 47 of 1999
Invitation for public comment on proposed draft regulations
on the siting of new nuclear installations (Deadline :
August 3, 2009)
GN
914/GG 32349
Safety
at Sports and Recreation Events Bill
[B7
- 2009]