People & News
New Estate Agent Affairs Board appointed
09 July 2003
The Minister of Trade and Industry, Alec Erwin, has announced the appointment of the new Estate Agent Affairs Board, the composition of which is intended to reflect the concerns and interests of all South Africans.Johannesburg Attorneys Association website
23 July 2003
South Africa's largest attorneys association, the Johannesburg Attorneys Association has revamped its website. The site provides users with inter alia news, notice of upcoming events and information about RAF matters.Ruling undermines billions in home loans
23 July 2003
A judgment relating to sectional title schemes could undermine the quality of about R70bn worth of bank loans for the purchase of flats and townhouses, according to an article entitled Out of pocket in the July 11 edition of the Financial Mail.Fees issue
06 August 2003
The consent order negotiated by the Competition Commission with the Pretoria Association of Attorneys in respect of its issuing of recommended fees has been confirmed by the Competition Tribunal, reports News24.Trust beneficiaries take SARS to court
06 August 2003
A group of concerned taxpayers is taking the SA Revenue Service (SARS) to court over its attempt to collect transfer duty from trusts that own property to which beneficiaries have rights, according to a report in Personal Finance.Housing Bill delayed
13 August 2003
The Community Reinvestment (Housing) Bill, which will monitor the way in which banks grant housing loans to the poor, has been delayed, according to News24.Fica costs
20 August 2003
The raft of new anti money-laundering legislation has put a heavy financial burden on "accountable institutions", writes Stuart Theobald in Cost of Compliance, in the 15 August issue of the Financial Mail.Mortgage Originator guidelines
20 August 2003
The Cape Law Society Committee has formulated a general guideline for attorneys when contracting with mortgage originators. In principle there can be no objection to such contracts.Sars changes Vat ruling
20 August 2003
Sars has admitted that its new ruling - 386 - is a mistake, and it will be re-worded.Competition Commission
27 August 2003
The Law Society of South Africa (LSSA) has initiated a consultation process with the Competition Commission on issues affecting the attorney's profession, reports De Rebus.
