Report 66 Business Practices CommitteeNotice 1156 of 1999 |
Department of Trade and Industry
Consumer Affairs (Unfair Business Practices) Act, 1988
I, Alexander Erwin, Minister of Trade and Industry, after having considered a report by the Business Practices Committee in relation to an investigation of which notice was given in General Notice 2725 of 1998 published in Government Gazette No. 19456 of 13 November 1998, which report was published in Notice 1155 in Government Gazette No. 20199 of 14 June 1999, and being of the opinion that a harmful business practice exists which is not justified in the public interest, do hereby exercise my powers in terms of section 12(1)(b) of the Consumer Affairs (Unfair Business Practices) Act, 1988 (Act No. 71 of 1988), as set out in the Schedule.
A Erwin
Minister of Trade and Industry
Schedule
In this notice, unless the context indicates otherwise--
"harmful business practice" means whereby any person, in the course of the business of any of the persons identified under "parties" ,directly and/or indirectly:
| a) | invites, procures the attendance or attempts to invite or to procure the attendance of any person identified under "parties" to a meeting held by or on behalf of any of the persons at which meeting such person (hereinafter referred to as the "participating person") is invited, encouraged or in any way enticed to enter into any arrangement with any of the persons identified under "parties" the terms whereof include any provision which has the effect that the participating person is obligated to make a payment of a financial consideration with the prospect of such participating person receiving payment or other money-related benefits, directly or indirectly, from his/her participation in the recruitment of other persons to enter into similar arrangements with any of the persons identified under "parties"; |
| b) | enters into any arrangement with any person the terms whereof includes any provision which has the effect that the participating person is obligated to make a payment of a financial consideration with the prospect of such participating person receiving payment or other money-related benefits, directly or indirectly, from his/her participation in the recruitment of other persons to enter into similar arrangements with any of the persons identified under "parties"; |
| c) | accepts any financial consideration from any person in terms of any arrangement which financial consideration is used in part or In full to fulfil the obligations of either party to make payment to a third party who has entered into a similar arrangement with any of the persons identified under "parties"; and |
| d) | makes any payment of any financial consideration or gives any money-related benefit, directly or indirectly, to any person in terms of any arrangement as prohibited in terms of paragraph (b) or (c) above. |
"the parties" mean Omega Trust, Omega Trust Power Marketing CC, Gerhardus Francois Janse van Rensburg (ID 600807 5038 007), Jan Frederick Olivier van Zyl (ID 590614 5091 008), and any member, employee, agent and/or representative of any of the aforementioned.
| 1) | The harmful business practice is hereby declared unlawful in respect of the parties. |
| 2) | This notice shall come into operation on date of publication. |