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the amount of rental of the dwelling, and reasonable escalation, if any, to be paid in terms of the lease; the frequency of rental payments, if rentals are not paid on a monthly basis; the amount of the deposit, if any; the lease period or, if there no lease period is determined, the notice period requested for termination of the lease;
Minimum lease payments are rental payments over the lease term including the amount of any bargain purchase option, premium, and any guaranteed residual value and excluding any rental relating to costs to be met by the lessor and any contingent rentals. Leased asset is depreciated in books of lessee over its useful life if lessee intends to ...
A take-or-pay contract, or a take-or-pay clause within a contract, is a payment obligation agreed between a business customer and its supplier. With this kind of contract, the customer either takes the product from the supplier or pays the supplier a penalty. For any product the company takes, it agrees to pay the supplier a certain price, say ...
It will also provide a way of monitoring South Africa's consumer debt levels, which the NCR is required to do. Credit bureau - A credit bureau is an entity that is engaged for payment in the business of receiving reports or investigating credit applications and agreements, payment history or patterns, and other consumer credit information.
Solar power in South Africa includes photovoltaics (PV) as well as concentrated solar power (CSP). As of July 2024, South Africa had 2,287 MW of installed utility-scale PV solar power capacity in its grid, in addition to 5,791 MW of rooftop solar and 500 MW of CSP. [1] Installed capacity is expected to reach 8,400 MW by 2030. [2]
The floodplains of the Luvuvhu River and the Limpopo River.. South African property law regulates the "rights of people in or over certain objects or things." [1] It is concerned, in other words, with a person's ability to undertake certain actions with certain kinds of objects in accordance with South African law. [2]
At the 2011 United Nations Climate Change Conference (COP17) in Durban, the Renewable Energy Independent Power Producer Programme (REIPPP) was introduced to implement the objectives of the Integrated Resource Plan (IRP 2010-2030); [6] of which are to diversify the country's energy mix away from fossil-fired power generation like coal and crude oil, add 30 GW to the grid before 2030, [5] take ...
The Constitution of the Republic of South Africa, 1996, as the supreme law of the Republic, provides the overarching framework for civil procedure; [6] the Constitution has been responsible for significant changes to civil procedure since its inception in the 1990s, as in, for example, debt collection matters, [7] access to the courts [8] and prescription, in particular with respect to ...