Postal Services Act, 1998 (Act No. 124 of 1998)

Regulations

Unreserved Postal Services Regulations, 2020

Reasons Document on Unreserved Postal Services Regulations, March 2020

2. Submissions received on the Draft Regulations and the Authority's response

2.6. Regulation 8 : Change of information
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2.6.1.Submission received:
2.6.1.1.SAEPA proposes an amendment to regulation 8(c) of the Draft Regulations to only require a registrant to notify the Authority of a change in its control, instead of shareholding. SAEPA suggests that control can then be defined to refer to control as it is understood or defined by the Companies Act, 2008 or the Competition Act.

 

2.6.2.The Authority’s decision
2.6.2.1.The Authority decided to retain the requirement to submit notice of change of information of shareholding instead of control. It is important for the Authority to be notified of changes of shareholding as this will be a change to one of the required documents for application and renewal. Control is not defined by the Act.