DEPARTMENT OF TRADE AND INDUSTRY – 2004/2005
LEGISLATIVE PROGRAMME
CCES : Cabinet Committee for Economic Sector
PC/NA : Portfolio Committee on Trade and Industry (National Assembly)
SC/NCOP : Select Committee : National Council of Provinces
SLA : State law advisers
SHORT TITLE |
MEMO TO CABINET |
SUBMISSION TO SLA |
ANTICIPATED DATE OF INTRODUCTION |
CURRENT STATUS |
LINE MANAGER RESPONSIBLE |
|
6 August 2003 |
24 February 2004 |
June 2004 |
Being reviewed by SLA |
Ms Astrid Ludin |
|
3 September 2003 |
24 February 2004 |
June 2004 |
Being reviewed by SLA |
Ms Astrid Ludin |
|
June 2004 |
August 2004 |
Published for general comment on 27th November 2003. To be submitted to Cabinet end of June 2004 |
Mr Lionel October |
|
|
June 2004 |
August 2004 |
Research and drafting. |
Ms Astrid Ludin |
|
|
July 2004 |
September 2004 |
Finalisation of Draft |
Mr Mxolisi Matshamba
|
|
|
August 2004 |
September 2004 |
Drafting |
Mr Lionel October |
|
|
September 2004 |
January 2005 |
Research and drafting. |
Ms Astrid Ludin |
|
|
September 2004 |
January 2005 |
Research and drafting |
Ms Astrid Ludin |
|
|
October 2004 |
February 2005 |
Research and drafting |
Ms Astrid Ludin |
|
|
January 2005 |
March 2005 |
Research and drafting |
Dr Mohale Mahlape |
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February 2005 |
April 2005 |
Research and drafting |
Mr Lionel October |
|
|
June 2005 |
August 2005 |
Preparation of draft |
Ms Astrid Ludin |
Kindly refer to Annexure A for a brief synopsis on the objects of the respective bills.
PREPARED BY PARLIAMENTARY OFFICE
Annexure A
DEPARTMENT OF TRADE & INDUSTRY
LEGISLATIVE PROGRAMME FOR 2004/2005
To amend the Companies Act, 1973, so as to prevent companies to have delinquent directors to serve as directors or in the management of such companies, and to protect a bona fide owner or holder of a dematerialised share certificate against a rectification order by a court of law, and to provide for matters incidental thereto.
To provide for the protection of indigenous knowledge, in particular the disclosure of the origin of genetic or biological materials and for compulsory licensing of medicines,
To provide for the formation, registration and winding up of co-operatives and for matters incidental thereto.
To amend the principal Act, so as to limit the legal liability of members of the corporations arising from deregistration. Currently, upon deregistration of a close corporation, liability is borne by the members and in the event of re-registering, liability should be borne by the corporation. The proposed amendments are necessitated by a judgement of court and there is also a need to update the principal Act.
To consolidate and amend the laws relating to the Sugar Industry; and to provide for matters incidental thereto.
To provide for structural changes to the Ntsika Enterprise Promotion Agency as provided for in the principal Act and for the merger thereof with the NAMAC Trust; and to provide for matters incidental thereto.
New legislation replacing the Credit Agreements Act, the Usury Act and aspects of the Alienation of Land Act that will comprehensively regulate all consumer credit transactions.
New policy and legislative framework, setting out guiding principles for interaction between businesses and consumers. The new consumer law will repeal the Consumer Affairs (Unfair Business Practices) Act, Sale and Service Matters Act and the Trade Practices Act, and will result in amendments to various sector laws.
To implement new companies legislation that will meet the peculiar needs of South Africans and also attract foreign investments, to reflect market practices and societal needs and to promote competitiveness and socially responsible businesses.
To align the dti financial incentives with the requirements of a changing economy.
The primary objectives of the bill are to align and establish South African specific Franchise legislation with international best franchise practices adapted for a developing country such as South Africa; and to provide for matters incidental thereto.
To provide for the regulation of Horseracing in the Gambling Act.