Report 68 Business Practices CommitteeNotice 1144 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 2424 of 1998 as published in Government Gazette No. 19369 dated 16 October 1998 and General Notice 434 in Government Gazette 19836, dated 19 March 1999, which report was published in Notice 1143 in Government Gazette No. 20184 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) and (c) 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 the business practice whereby the parties, directly or indirectly:
| a) | accept appointments as employees or directors in companies or close corporations in which they are shareholders or members and/or |
| b) | invite any persons to make investments in companies or close corporations in which they are shareholders or members. |
"the parties" means Adolphe Botha, Jan A (Jay) Burger and Jacobus Frederik (Jacques) de Beer.
| 1) | The harmful business practice is hereby declared unlawful in respect of the parties. |
| 2) | The parties are hereby directed to-- |
| a) | refrain from applying the harmful business practice; |
| b) | cease to have any interest in a business or type of business which applies the harmful business practice or to derive any income there from; |
| c) | refrain from at any time applying the harmful business practice; and |
| d) | refrain from at any time obtaining any interest in or deriving any income from a business or type of business applying the harmful business practice. |
| 3) | This notice shall come into operation upon the date of publication hereof. |