NEWS & MEDIA

HIGH COURT RULES NO LOAD-SHEDDING FOR EDUCATION, HEALTH AND POLICING FACILITIES

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On 5 May 2023, a full bench of three judges in the High Court of South Africa, Gauteng Division, Pretoria (“the Court”) ordered that the Minister of Public Enterprises (“the Minister”) shall take all reasonable steps, within 60 days from the date of the court order, to ensure that all public health establishments, public schools and the South African public service and police stations are no longer affected by load-shedding.Loadshedding is the process used by Eskom (South Africa’s electricity provider) to cut off the supply of electricity to alternating areas of the country on a scheduled and rotational basis. The aim is to protect the integrity of the collapsing energy grid. Load-shedding has plagued South Africa for the last 15 years and it only seems to be getting worse over time.

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Ex parte, rule nisi and urgent applications: The Basics

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Recently, Thomson Wilks successfully launched an urgent ex parte application in the High Court and a rule nisi court order was granted in our client’s favour. Basic legal terms such as ex parte and rule nisi, as well as what constitutes an “urgent application”, can be confusing for new clients and laymen.EX PARTEThe audi alteram partem principle is an important legal principle which exists in our law. This translates to “let the other side be heard.” In accordance with this principle, a court should never make an order against a person unless that person has received proper notice of the legal relief sought against him and he has been given an opportunity to defend him himself. An “ex parte” application is a departure from this rule and is brought before a court of law without any notice given to the opposing party.

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DESIGNATED INSTITUTIONS RECEIVE NEW RESOLUTION REGIME AS OF 01 JUNE 2023

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With effect from 01 June 2023 a new framework for the “resolution” of “designated institutions”, has commenced in terms of the Financial Sector Regulation Act, 2017 (“FSRA”) and in terms of which the South African Reserve Bank (“SARB”) has been given a wide range of powers for the resolution of these institutions.Section 29A of the FSRA stipulates that “designated institutions” include, inter alia, a bank, a systemically important financial institution, the payment system operator and participants of a systemically important payment system, and a company that is a holding company of a bank, a systemically important financial institution, or a payment system operator of a systemically important payment system. Importantly, if a bank or a systemically important financial institution is a member of a designated “financial conglomerate”, each of the other members of the conglomerate will also be classified as a designated institution.

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Dispute resolution in the South African National Defence Force

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Section 2(a) of the Labour Relations Act, 66 of 1995 does not apply to personnel employed by the South African National Defence Force (SANDF).How do you resolve a labour dispute involving members of the SANDF?This is a situation the SANDF faced following wildcat strikes embarked upon by some members who were unhappy with some of their conditions of service during the course of 2009. The legislature responded to this situation by introducing a number of different dispute-resolution mechanisms available to individuals and groups as detailed below.

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CIPC announces compulsory UBO register for South Africa

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The Companies and Intellectual Property Commission (CIPC) plays a crucial role in maintaining the integrity of the South African business environment by ensuring compliance with relevant laws and regulations. On 25 February 2023, the CIPC announced that it will implement a beneficial ownership (BO) information register, commonly known as the UBO register, from 1 April 2023 . This register will require companies and trusts to disclose information about their ultimate beneficial owners (UBOs).The UBO register contains information about the individuals who ultimately own or control an entity. By identifying and registering UBOs, the CIPC aims to increase transparency around who owns and controls companies in South Africa and to prevent the abuse of corporate vehicles for illegal activities such as money laundering and terrorism financing. The UBO register is not unique to South Africa and is already mandatory in many other countries.

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Antenuptial Contracts – What are they?

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In South African law there are three different types of matrimonial property regimes.The first one, being the default position, is a marriage in community of property, the second is a marriage out of community of property and the third is a marriage out of community of property which includes the operation of the accrual system. If community of property is not specifically excluded, the marriage will be in community of property.

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