by VDT Attorneys | May 15, 2018 | BEE, Business, Commercial, Construction
You are correct in that the B-BBEE Commission does require what is termed a “Major BEE Transaction” to be registered with it. Your first step would therefore be to determine whether your BEE transaction falls within the scope of a Major BEE Transaction. In accordance...
by VDT Attorneys | Apr 6, 2018 | Commercial, Compliance, Information, POPI
Your views and frustrations are shared by many consumers, and you are correct to note that the Information Regulator has again delayed the Protection of Personal Information Act 4 of 2013 (“POPI”) from coming into operation. Although we don’t know when POPI will...
by VDT Attorneys | Mar 8, 2018 | Commercial, Estate Planning, Will
Bitcoin is essentially a digital payment network where Bitcoin currency is stored and transferred. A Bitcoin is a form of digital token that you can send or receive electronically, but is does not come in set amounts like a physical currency does, and can be divided...
by VDT Attorneys | Nov 16, 2017 | Commercial, Compliance, Consumer, Corporate, Information, POPI
Firstly, it should be noted the Protection of Personal Information Act 4 of 2013 (“POPI”) was signed into law on 19 November 2013, but has, to date, not yet fully come into effect. POPI protects persons from suffering damage and harm by requiring entities and persons...
by VDT Attorneys | Nov 16, 2017 | Commercial, Company, Estate Planning, Trust
The wish to simplify fiduciary duties, although an understandable one, should not be entertained at the expense of proper administration of a trust. As a trustee, it is the duty of the trustee to execute his or her fiduciary duties correctly and ensure that all...
by VDT Attorneys | Sep 7, 2017 | Commercial, Trust
Because of the unique nature of a trust and also the fiduciary responsibility that a trustee holds in respect of the trust property and trust beneficiaries, buying property from a trust, should rightfully be approached with caution where you are also a trustee of the...
