South Africa's Exchange Control Practices: A Barclays National Bank Business Guide |
From inside the book
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Page 8
... exemption from the " 25 per cent rule " . It is stressed , however , that such exemptions are not lightly given and Exchange Control will insist on : ( a ) A description of each type of voting security issued by the company ; ( b ) An ...
... exemption from the " 25 per cent rule " . It is stressed , however , that such exemptions are not lightly given and Exchange Control will insist on : ( a ) A description of each type of voting security issued by the company ; ( b ) An ...
Page 22
... exemption from Exchange Control Regulation 6 in respect of the rental receipts which I undertake to utilise only as outlined above . Any unused portion will be transferred to South Africa by normal banking channels , together with all ...
... exemption from Exchange Control Regulation 6 in respect of the rental receipts which I undertake to utilise only as outlined above . Any unused portion will be transferred to South Africa by normal banking channels , together with all ...
Page 27
... EXEMPTION APPLIED FOR IN RESPECT OF ALL EXISTING LOCAL LENDING TO BORROWER ? ( State Yes or No ) ( b ) IF ANSWERS TO ( a ) IS " NO " SPECIFY LENDING IN RESPECT OF WHICH EXEMPTION IS APPLIED FOR NO MORTGAGE BOND R100 000 LEASING ...
... EXEMPTION APPLIED FOR IN RESPECT OF ALL EXISTING LOCAL LENDING TO BORROWER ? ( State Yes or No ) ( b ) IF ANSWERS TO ( a ) IS " NO " SPECIFY LENDING IN RESPECT OF WHICH EXEMPTION IS APPLIED FOR NO MORTGAGE BOND R100 000 LEASING ...
Common terms and phrases
25 per cent abroad African Reserve Bank amount application arrival in South authorised dealer BARCLAYS NATIONAL BANK blocked assets borrowings Botswana cash funds date of arrival Department of Trade dividends emigrant's emigration from South Exchange Control approval Exchange Control authorities Exchange Control purposes Exchange Control Regulations exemption export facilities finance foreign assets foreign investor foreign national temporarily HOOVER INSTITUTION I/We understand income International Investors Pty International Limited investment issued share capital JIM JONES Johannesburg Stock Exchange leasing liability licensed product loan funds long-term liability manufacturing ment my/our arrival national temporarily resident normal banking channels OVERDRAFT parent company percentage period permitted PRETORIA prior Exchange Control Republic resident in South respect settling-in allowance share capital shareholders South Africa South African companies South African Reserve South African resident South West Africa submitted subsidiary trade credit transferred to South United Kingdom voting securities