We have recently been involved in a number of matters involving fishing industry players and the South African Revenue Service (SARS). In some of these instances we have found ourselves asking the question: Does SARS have the jurisdiction and/or the power to act in the manner in which it is acting?
FISHING INDUSTRY NEWS ARTICLE ~ NOVEMBER 2013 Read More »
RE – AUTHORISATION REQUIREMENTS FOR AQUACULTURISTS On 11 October 2013 the Department of Agriculture, Forestry and Fisheries (DAFF) published the “National Aquaculture Policy Framework for South Africa 2013”. This policy acknowledges the importance of the aquaculture industry and the potential opportunities presented for food security, job and wealth creation, reduction of imports and transformation. A
NEWSFLASH ~ NATIONAL AQUACULTURE FRAMEWORK FOR SOUTH AFRICA Read More »
The long awaited conclusion to the Bengis saga finally came on Friday 14 June 2013, with the United States Court of Appeals ordering a restitution award of $ 22,446,720.00 to the South Africa government for compensation for the illegal export of large quantities of West Coast rock lobster from South African waters. Arnold Bengis, his son
JULY 2013 ~ UNITED STATES VS BENGIS / DAMAGES FOR ILLEGAL FISHING Read More »
INTRODUCTION: On the 11 April 2013 at the Cape Sun in Strand Street Cape Town the Fisheries Management Branch of the Department of Agriculture Forestry and Fisheries (“the Department”) held a stake holder’s meeting to introduce “Draft policies for the new allocations: and the right allocation roll out plan”. The Department intends to have further
APRIL 2013 ~ FUTURE FISHING RIGHTS ALLOCATION PROCESS / REVISED GENERAL POLICY Read More »
REVISED MEMORANDUM OF INCORPORATION (MOI) AND SHAREHOLDER’S AGREEMENT Further to the Newsflash below dated 22 November 2012, we would like remind you that the due date for submission of a revised Memorandum of Incorporation (MOI) and Shareholders Agreement in compliance with the Companies Act 71 of 2008 is approaching (30 April 2013). As is explained
