Bulletin | July 13, 2023
Why Has the Trust Property Control Act Changed in South Africa?
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Authored by
Ryan Levy, BCom Financial Management, Affiliate Member, STEP
International Business Consultant, Overseas Trust and Pension
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References
- General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act, 2022 (Act No. 22 of 2022)
- Trust Property Control Act, 1988 (Act No. 58 of 1988)
- Non-Profit Organisations Act, 1997
- Financial Intelligence Centre Act, 2001
- Companies Act, 2008
- Financial Sector Regulation Act, 2017
- Financial Action Task Force (FATF) Report on South Africa
- Notice No. R 3240 Regulations published in Government Gazette No. 48351
- https://www.moonstone.co.za/what-trustees-should-know-about-the-amendments-to-the-trust-property-control-act/
- Analysis of amendments by South African law firms and tax institutions