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It’s a Fine Mess: The Approach to Administrative Penalties ...
Section 59 of the Competition Act, 89 of 1998 (“Act”) provides that the Competition Tribunal (“Tribunal”) may impose an administrative penalty not exceeding 10% of a firm’s annual turnover in, and its exports from, South Africa during the firm’s preceding
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Penalties for Anti-Competitive Conduct: Sharpening the ...
www.bowmanslaw.comAn administrative penalty is a punitive measure that the South African Competition Tribunal (the “Tribunal”) may impose on a respondent firm in terms of the Act for participating in an anti-
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GUIDE - CLASS ACTION LITIGATION IN SOUTH AFRICA
www.bowmanslaw.comIn the Children’s Resource Centre case, the Supreme Court of Appeal developed seven requirements for certifying a class action in South Africa. In Mukaddam v Pioneer Foods (Pty) Ltd and Others2, the Constitutional Court held that these were not in fact requirements but rather factors to be considered in deciding
Liquidation Business Rescue and Compromise in South Africa
www.bowmanslaw.comand produce a business rescue plan (plan) to rescue the company and ensure its continued existence, alternatively to ensure a better return for creditors than if the company were to be immediately placed in liquidation. Business rescue proceedings are designed to last for three months from commencement to termination. However, in practice, various
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www.bowmanslaw.comA Guide to Construction Contracts 5 What is a contract? Construction contracts A contract is an agreement entered into between two or more people with the
essential The 2017 changes to the EIA regulations 7 April ...
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Public Procurement and Government ... - Bowmans Law
www.bowmanslaw.comsection 51(1)(a) of the Public Finance Management Act 1 of 1999 (PFMA), which states that an accounting authority for, among others, a national or provincial department or public entity must ensure that the particular department or entity has and maintains an appropriate procurement and provisioning system which is fair, equitable,
Voluntary Retrenchment - Corporate Lawyers | Bowmans Law
www.bowmanslaw.comvoluntary retrenchments (VR) is being increasingly aired. Employers and employees alike should familiarise themselves with the relevant legal principles to avoid disputes. VR is an alternative to a potential forced or compulsory retrenchment. In essence, the
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