Commercial and Trade Related Legislation

  

Name:

Credit reporting guidelines

Department:

National Credit Regulator

Summary:

The guidelines introduce timelines and a prescribed form for credit providers to deliver the information to credit bureaus as prescribed in regulation 13(19) to the National Credit Act.
Effect on
agribusiness:

Agribusinesses that provide credit to their members will need to comply with the procedures and timelines stipulated in the guideline.

Process:

The draft guideline has been published for public comments and a submission was made by Agbiz.

Agbiz submission: Done

  

  

Name:

Guidelines on the exchange of information between competitors

Department:

Competition Commission

Summary:

The Guidelines seek to provide direction as to what information sharing is permitted in terms of the Competition Act, and what information may be deemed to be a restricted horizontal practice. 

Effect on 
agribusiness:

This guideline will assist agribusinesses and industry associations to remain complaint with the Act whilst sharing information.

Process:

A draft has been published for public comment.

Agbiz submission: In process

  

  

Name:

National Liquor Amendment Bill

Department:

Department Trade and Industry

Summary:

The Bill seeks to raise the national drinking age to 21, place restrictions on the advertising of liquor and impute liability for several contraventions to the whole value chain.

Effect on 
agribusiness:

The Bill poses a risk to agribusinesses in the wine and liquor industries as it seeks to impute strict liability for several contraventions on the whole value chain and place restrictions on advertising.

Process:

This is a sector-specific piece of legislation that is being handled by the Agbiz wine desk at Nedlac.

Agbiz submission:  Agbiz wine desk

  

  

 

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