Thought Of The Week Archives

Thought of the Week | Sectional Title Trustees: Monitor your Managing Agent

If a body corporate member suffers a financial loss due to, for example, an averaged or refuted claim as a result of under-insurance of the buildings in the scheme, the owner is likely to seek alternative ways to recover the

Thought of the Week | Taxed when making donations?

Tax residents of South Africa are subject to donations tax. The act of giving away an asset or disposing thereof at less than its market value, motivated by sheer generosity or disinterested benevolence, could amount to a donation. Donations tax

Thought of the Week | GEPF system and divorce: New rules when making payment to ex-spouse

Historically, Government Employee Pension Fund (GEPF) members were subjected to a “debt model” when they implemented a divorce settlement that made provision for a payment to a former spouse from the Fund. Essentially it was structured in such a way

Thought of the Week | Electronic signatures, Sale Agreements & Deeds Registration

At the beginning of October, the Electronic Deeds Registration Systems Act was promulgated. Once it becomes operative, it will ultimately allow for deeds to be submitted to the deeds office and to be signed by the conveyancer and Registrar electronically,

Thought of the Week | Spare the rod spoil the child?

The question whether parents may chastise their children has finally been answered by the Constitutional Court. Historically, the South African common law allowed for parents to chastise their children provided that it was reasonable. Last year the Gauteng High Court

Thought of the Week | Your will and your worldwide assets

In the past 50 years or so, people and capital have become more mobile and often, along with this new global citizenship, comes ownership of assets in foreign countries. South Africans with offshore assets should seek professional assistance to determine

Thought of the Week | NCA Amendment: Why so controversial?

The controversial National Credit Amendment Bill was signed into law last week. It provides for special debt relief measures for over-indebted consumers who earn R7 500 per month or less and whose unsecured debt does not exceed R50 000. These

Thought of the Week | Thinking Of Eloping Or Hosting A Destination Wedding?

Eloping or having a ‘wedding for two’ are on the increase and for many it is now the preferred choice. What’s not to love about saying your “I do’s” before a select few on the white sand beaches of Mauritius

Thought of the Week | One Wrong Does Not Justify Another

It is a well-established principle of our law that you may not take the law into your own hands. A landlord, for example, may not simply change the locks to premises rented in a dispute with the non-paying tenant; or

Thought of the Week | Liable for the suretyship that your spouse signed for his company?

In commercial transactions it is common for one contracting party to require from the other to provide personal suretyship as security for the performance of the obligations under the agreement. Whilst the persons providing the suretyship often have no objection

Thought of the Week | Sectional Title Trustees: Monitor your Managing Agent

Thought of the Week | Taxed when making donations?

Thought of the Week | GEPF system and divorce: New rules when making payment to ex-spouse

Thought of the Week | Electronic signatures, Sale Agreements & Deeds Registration

Thought of the Week | Spare the rod spoil the child?

Thought of the Week | Your will and your worldwide assets

Thought of the Week | NCA Amendment: Why so controversial?

Thought of the Week | Thinking Of Eloping Or Hosting A Destination Wedding?

Thought of the Week | One Wrong Does Not Justify Another

Thought of the Week | Liable for the suretyship that your spouse signed for his company?

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