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The restrictions which prevented South African corporations or individuals from setting up and investing in offshore entities, which in turn invests back into South Africa, has been significantly relaxed as of 01 January 2021.

A company that requires an injection of capital and wishes to raise the capital quickly, often turns to the public to sell its securities to, to obtain the required capital.

The Protection of Personal Information Act, Act 4 of 2013 (“POPIA”), provides for the protection of Personal Information of a Data Subject which is processed by all natural and juristic Persons.

The Protection of Personal Information Act, Act 4 of 2013 (“POPIA”), provides for the protection of Personal Information of a Data Subject which is processed by all natural and juristic Persons.

The Protection of Personal Information Act, Act 4 of 2013 (“POPIA”), provides for the protection of Personal Information of a Data Subject which is processed by all natural and juristic Persons.

The Electronic Communications and Transactions Act, Act 25 of 2002 (“Act”) provides for the facilitation and regulation of electronic communications and transactions and recognises the validity and enforceability of agreements concluded via data messages.

The President of South Africa has proclaimed 1 July 2020 to be the commencement date of POPIA. The importance of this date is that a 1 (one) year “grace period” commences wherein all businesses, whether public or private, must comply with the conditions for the lawful processing of personal information.

The appraisal right may be described as the right of dissenting shareholders to have their shares bought out by the company in which they hold shares, in cash and at fair value when they do not approve of certain triggering events by the company.

The conduct of insider trading is governed by the common law and the Financial Markets Act, Act 19 of 2012 (the “Act”).

The registration, licensing and protection of plant breeders’ rights in South Africa is regulated by the Plant Breeder’s Rights Act, Act 15 of 1976 (the “Act”).

Servitudes are very common in the agriculture industry and are mostly required to provide for a right of way, access to water use for different farming purposes and / or extraction of certain materials from agricultural land.

Section 7(1)(a) of the Value-Added Tax Act, Act 89 of 1991 (the “Act”) provides for the levy of value-added tax (“VAT”) on the supply of goods or services by a vendor. Where there is no supply of goods or services, or where cash is supplied, no output VAT can be levied.