administration-1867877_640 legalish2
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By Legalish, Jul 9 2015 10:34PM

To amend the Banks Act, 1990, so as to enable the application of the provisions on arrangements and compromises in the Companies Act, 2008, to banks under curatorship; to expand the basis on which a curator may dispose of all or part of the business of a bank to enable an effective resolution of a bank under curatorship; to provide for the application of the Promotion of Administrative Justice Act, 2000, to any administrative action taken in terms of the Banks Act; and to provide for matters connected therewith.

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By Legalish, Jul 9 2015 10:26PM

To provide for the equitable division of revenue raised nationally among thenational, provincial and local spheres of government for the 2015/16 financial year,the determination of each province’s equitable share and allocations to provinces, local government and municipalities from national government’s equitable share and the responsibilities of all three spheres pursuant to such division and allocations; and to provide for matters connected therewith.

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