What do you read to stay up-to-date with the latest developments that are critical to what you do? Many people feel overwhelmed and unable to keep up-to-date with the regulatory road ahead. The South African Parliament is creating more laws, faster than ever before (for example, Consumer Protection Act, Companies Act and POPI). They are also continually updating existing laws (like amending the ECT Act). Government departments also publish regulations or notifications from time to time. Our courts are passing judgements everyday. It is important we are aware of certain important dates because they can have serious consequences. For example:
- After the transitional period in the Companies Act, the Act (and the MOI) prevails over a shareholders agreement if there is a conflict.
- After certain dates, CIPC starts to charge fees to do things like convert a CC.
- The commencement date of POPI will give a one year grace period after which you will have to comply with POPI.
Where do you look for this information?
- Newspapers (like BusinessDay, ITWeb, or Daily Maverick)?
- Magazines (like De Rebus)?
- Legal information providers (like LexisNexis, Sabinet or SAFLII)?
- Alert services (like Legalbrief or PMG)?
- Search engines (like Google Search or Google Alerts)?
- Blogs (like GilesFiles)?
- Social Media (like LinkedIn or Twitter)
- Law firms (like the Michalsons website or newsletter)?
- Associations (like ISACA, IRMSA or Silicon Cape)?