Share Blocks Control Act definition

Share Blocks Control Act means the Share Blocks Control Act, 1980 (Act No. 59 of 1980);’’; and 30
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Share Blocks Control Act means the Share Blocks Control Act No. 59 of 1980 as amended and any regulations in force thereunder from time to time;
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Share Blocks Control Act means the Share Blocks Control Act no. 59 of 1980, as amended and the regulations promulgated from time to time in regard thereto;
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Examples of Share Blocks Control Act in a sentence

  • The number of guests permitted to each unit is prescribed in the Use Agreement of the share block in accordance with the Share Blocks Control Act 59 of 1980 (amended) and the Property Time-Sharing Control Act.

  • Where a Share Block Company as defined by the Share Blocks Control Act 1980 (Act no.

  • The Customer must liquidate all debt or make arrangements to settle amounts owed to the Municipality, within 14 days of date of conclusion of either the contract that must be entered into for the acquisition of a share or shares in terms of the Share Blocks Control Act, or the date of conclusion of the Use Agreement in accordance with the Share Blocks Control Act, whichever date is the earlier.

  • Conversion to sectional title scheme The Share Blocks Control Act, 1980 (Act No. 59 of 1980) provides an explicit method of converting a share block company into a sectional title scheme.

  • Under the Sectional Titles Act, a share block company may convert a share block scheme to a sectional title scheme by special resolution (i.e. Item 8 of Schedule 1 of the Share Blocks Control Act).

  • The lack of relief in this latter instance is simply an oversight because the conversion to full title was simply not envisioned as a practical option (especially given the focus on conversions to sectional title under the Share Blocks Control Act).

  • From a VAT perspective, the taxable nature or otherwise of the supply of the rights and interests under the fractional ownership scheme rests on whether the supply constitutes the supply of “fixed property” and “goods” as defined in section 1(1) of the VAT Act (regardless of whether the fractional ownership scheme itself complies with the provisions of the Share Blocks Control Act or the Property Time-Sharing Control Act), or if it is a supply of a “financial service”.

  • Where a Share Block Company as defined by the Share Blocks Control Act 1980 (Act No.59 of 1980) has opened a Sectional Title Register in respect of residential land and buildings to which the Share Block Scheme relates, then, only residential sectional title unit owners may qualify for rebates under clause 7.2, 7.3 and 7.4, provided they meet the necessary criteria as set out by the Municipality from time to time.

  • All monies paid to the Company by a member in respect of its loan obligation shall be dealt with strictly in accordance with the provisions of section 15 of the Share Blocks Control Act 1980.

  • Where a Share Block Company as defined by the Share Blocks Control Act 59 of 1980, has opened a Sectional Title Register in respect of land and buildings to which the Share Block Scheme relates, then, holders of shares within the Share Block Company may qualify for rebates under 7.2; 7.3 and 7.4 above, provided they meet the necessary criteria as set out by the Municipality from time to time.


More Definitions of Share Blocks Control Act

Share Blocks Control Act means the Share Blocks Control Act, 1980;
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Share Blocks Control Act means the Share Blocks Control Act, 1980 (Act No. 59 of 1980);"; and (s) by the insertion in subsection (1) after the definition of "Short-term Insurance Act" of the following definitions:
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Share Blocks Control Act means a Share Blocks Control Act, 1980 (Act 59 of1980);
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Share Blocks Control Act or “the Act” means the Share Blocks Control Act, No. 59 of 1980 or any amendment thereof or any Act which may be promulgated in substitution therefor;
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Share Blocks Control Act means the Share Blocks Control Act, No. 59 of1980;
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Share Blocks Control Act means that Act No.59 of 1980 or any amendment thereof or any Act which may be promulgated in substitution thereof.
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Related to Share Blocks Control Act

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  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Traffic control signal means a device, whether manually, electrically, or mechanically operated, by which traffic is alternately directed to stop and permitted to proceed.

  • Air pollution control equipment means a mechanism, device, or contrivance used to control or prevent air pollution, that is not, aside from air pollution control laws and administrative regulations, vital to production of the normal product of the source or to its normal operation.

  • Certified Domestic Violence Specialist means a person who has fulfilled the requirements of certification as a Domestic Violence Specialist established by the New Jersey Association of Domestic Violence Professionals.

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • EP Regulations means The Environmental Permitting (England and Wales) Regulations SI 2016 No.1154 and words and expressions used in this permit which are also used in the Regulations have the same meanings as in those Regulations.

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • CDM Regulations means the Construction (Design and Management) Regulations 2015;

  • State Water Control Law means Chapter 3.1 (§62.1-44.2 et seq.) of Title 62.1 of the Code of Virginia.

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • UCITS Regulations means the European Communities Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011) (as amended consolidated or substituted from time to time) and any regulations or notices issued by the Central Bank pursuant thereto for the time being in force.

  • aerodrome control service means air traffic control service for aerodrome traffic;

  • air traffic control service means a service provided for the purpose of:

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.