Supreme Court of Appeal dismisses challenge to the procedural fairness of sections of the FSR Act
It was argued that the Act does not require the FSCA to invite submissions before deciding whether a person has contravened a financial sector law.
Supreme Court of Appeal
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Supreme Court of Appeal sends a clear warning about non-compliant group schemes
SCA rules on the dispute between KGA Life and Multisure that arose after the cancellation of the intermediary agreement.
Discovery and RAF see latest High Court judgment differently
The High Court has dismissed the administrator’s second attempt to compel the Fund to resume processing medical scheme members’ claims.
ConCourt will hear Coronation’s application for leave to appeal against R716m tax ruling
The outcome of the case could have far-reaching tax implications for SA companies with offshore operations.
Adjudicator did not allow retirement fund to respond fully to a complaint
SCA also finds that the High Court should not have granted punitive cost orders against the fund.
Tax law change may shrink SA multinationals’ global footprint
The Supreme Court of Appeal’s judgment in the Coronation case finds its way into proposed amendments to the ‘controlled foreign company’ rules.
Constitutional Court overturns ‘deeply disturbing’ retirement fund rule judgment
The decision clarifies the application of an amended rule to the calculation of a withdrawal benefit that accrued before the amendment was approved and registered.
Discovery loses bid to force RAF to resume paying medical scheme members’ claims
The administrator is seeking interim relief until the Constitutional Court rules on the matter.
How cyber-criminals can con you when intercepting emailed invoices
Supreme Court says the issue of whether the debtor remains liable for payment in cases of email interception fraud has yet to be settled.
Partially fraudulent claim: insured forfeits R1.6m
SCA orders a policyholder to repay Discovery Insure the entire settlement, not only the amount related to the fraudulent part of the claim.
Road Accident Fund compensation: is a forklift a motor vehicle?
The Supreme Court of Appeal considers whether a forklift that knocked down an employee who was working on Spar’s premises was used on a road.
End of compulsory audit firm rotation rule ‘poses minimal threat in the short term’
Irba says it will work with Parliament to address the technical legal issue raised by the Supreme Court of Appeal’s judgment.
RAF wants to take its case against Discovery to the Constitutional Court
The fund has not resumed paying the past medical expenses of scheme members injured in motor vehicle accidents.
Supreme Court of Appeal rules on impact of curatorship on prescription
Shoprite Checkers contends the curator had a year within which to file the claim from the date on which he was appointed.
Disputes with Sars: can you raise new grounds of objection?
Taxpayers should formulate comprehensive grounds of objection and appeal from the beginning of the dispute resolution process.
Non-compliance with Companies Act voids an indemnity backing an insurance guarantee within a group
The board of a company must adopt a resolution to provide ‘financial assistance’, Supreme Court of Appeal finds.
Is ‘bona fide inadvertent error’ a good defence when you’re slapped with an understatement penalty?
The Supreme Court of Appeal and the SA Revenue Service have different views on what exactly this term means.
