DRAFT GUIDANCE ON THE IMPLEMENTATION OF NEW MEASURES TO BE INTRODUCED BY THE FIC AMENDMENT ACT, 2017

Thursday, 15 June 2017: The Minister of Finance has announced the coming into operation of a number of provisions of the Financial Intelligence Centre Amendment Act, 2017 (the FIC Amendment Act).  According to this announcement the implementation of the provisions of the FIC Amendment Act that provide for the following, will start on 2 October 2017:  

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PROPERTY PRACTITIONERS BILL: PUBLIC PARTICIPATION HEARINGS

The Property Practitioners Bill is intended to repeal the current Estate Agency Affairs Act, 1976 (Act No. 112 of 1976)  Its objective is to respond to the changing market conditions which over the years increasingly saw the property transaction processes gaining momentum, importance and value.

As part of this law making activity, public participation hearings will be held across the country.  The process is promoting and encouraging an all inclusive and meaningful engagements that will assist the Department of Human Settlements in fulfilling its constitutional obligation, which requires that all interested parties or institutions that will be affected by the Bill must make or submit written comments.  

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NATIONAL QUALIFICATIONS FRAMEWORK ACT, 2008 (ACT NO. 67 OF 2008)

Minister Bonginkosi Emmanuel Nzimande has published the Guidelines on Strategy and Priorities for the National Qualifications Framework 2017/18 in terms of Section 8 (2) (c) of the National Qualifications Framework Act, 2008.

The guidelines give direction to the work of the South African Qualifications Authority (SAQA) and the Quality Councils for the period 1 April 2017 to 31 March 2018.

NQF Guidelines on Strategies and Priorities 40840_gon417

CSOS Practise Directive No 1 of 2017: Payment of Levies

The CSOS hereby issues Practise Directive No 1 of 2017, and issues in terms of section 36 of the Community Schemes Ombud Service Act, 2011 (Act No 9 of 2011). The objective of the Practise Directive is to provide a guideline on the process to be followed for the payment of CSOS levies and fees. For any enquiries please contact Ms Ndivhuo Rabuli on 010 593 0533 or alternatively Ndivhuo.rabuli@csos.org.za

CSOS Practise Directive No 1 of 2017