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It does not, however, effect the transfer, which is accomplished by the real agreement (the concurring intentions of the parties to make and receive transfer of ownership). If the underlying contract is invalid, ownership nonetheless passes, because South African law adheres to the abstract rather than the causal system of transfer.
The South African law of sale is an area of the legal system in that country that describes rules applicable to a contract of sale (or, to be more specific, purchase and sale, or emptio venditio), generally described as a contract whereby one person agrees to deliver to another the free possession of a thing in return for a price in money.
This is the first case in which a document, not itself a contract or agreement and containing no reference to the copyrights, was considered a "note or memorandum" of copyright transfer, and the first time a sole owner of a company was designated a work for hire for copyright ownership purposes.
The common-law principle of "riparian ownership" dominated the South African water dispensation until 1998. Unlike so much of South African common law (and indeed most of the South African common law relating to water), the principle did not originate in the Netherlands; it developed with reference to English law. The twofold foundations of ...
On 25 November 2005, [1] the South Africa Foundation rebranded as Business Leadership South Africa (BLSA), under the mission statement, "Making South Africa Good for Enterprise and Making Enterprise Good for South Africa". [12] Alongside Business Unity South Africa, of which it is an affiliate, BLSA became one of the two leading business forums ...
In the 2020/21 budget the interest earned by any non-resident of South Africa, who is absent for 183 days, and if the interest bearing debt is not "effectively connected" to a South African business is exempt from income tax. [18] From 1 March 2012 the exemption applicable to foreign interest earned by South African resident taxpayers was scrapped.