Certain recent changes in legislation relating to the periodic accounting for VAT will have an important and material effect on the cash-flow needs and management of certain practices. In this article the accounting bases and administrative procedures are briefly discussed in general terms, followed by a summary of the recent amendments to the Value-Added Tax Act 89 of 1991 and the impact thereof on the various legal practices likely to be affected by the amendments.
Why become an English solicitor? The path in the United Kingdom is a well-trodden one for South African attorneys and advocates. As testament to this. there is a liberal sprinkling of South African lawyers at all levels in the English judicial system and South Africans are well represented on the Bench, at all levels in most large English law firms and at the Bar.
In a recent article titled 'Oiling the conveyancing wheels' by Johannesburg attorney Lizelle Kilbourn in the Butterworths Property Law Digest, the amendments introduced by the Sectional Titles Amendment Act 44 of 1997 are discussed comprehensively. The article contains a good, but uncritical overview of the changes.
The Basic Conditions of Employment Act (the Act) will in due course supplant the existing Basic Conditions of Employment Act 3 of 1983. The Act is the second in the triad of statutes intended to overhaul the labour dispensation in South Africa. The Labour Relations Act 66 of 1995 is already in force and the third element of the triad will be the statute dealing with employment equity.*
The annals of legal history will show that it has, in the past, been notoriously difficult to be successful in an action for damages relating to intellectual property matters. The primary reason is that it does not follow that proof of sales by a defendant of an infringing product amounts to proof of damages.
Insolvency law has, in essence, been in existence - although intermittently - for as long as credit. Credit was created by commerce. Commerce demands and creates the limitations on what creditors can claim in law from their debtors and determines the procedures to be adopted when a debtor has insufficient assets to settle all creditors' claims. The role of liquidator or trustee is to act collectively on behalf of creditors in a uniform and civil manner to realise the assets of a delinquent debtor and to distribute the proceeds equitably among creditors.