Malan liquidating


19-Mar-2020 08:39

Please note that this briefing is only intended to provide a very general overview of the matters to which it relates.

It is not intended as legal advice and should not be relied on as such.

During this time Jersey has gained a strong reputation as a prime location in which to establish investment funds.

The industry has developed within the Island’s stable political and fiscal infrastructure.

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The Union of South Africa had allowed social custom and law to govern the consideration of multiracial affairs and of the allocation, in racial terms, of access to economic, social, and political status.This was followed by Ordinance 3 in 1848, which introduced an indenture system for Xhosa that was little different from slavery.The various South African colonies passed legislation throughout the rest of the nineteenth century to limit the freedom of unskilled workers, to increase the restrictions on indentured workers and to regulate the relations between the races.In 1910 the Union of South Africa was created as a self-governing dominion, which continued the legislative programme: the South Africa Act (1910) enfranchised whites, giving them complete political control over all other racial groups while removing the right of blacks to sit in parliament, the Urban Areas Act (1923) introduced residential segregation and provided cheap labour for industry led by white people, the Colour Bar Act (1926) prevented black mine workers from practising skilled trades, the Native Administration Act (1927) made the British Crown, rather than paramount chiefs, the supreme head over all African affairs, the Native Land and Trust Act (1936) complemented the 1913 Native Land Act and, in the same year, the Representation of Natives Act removed previous black voters from the Cape voters' roll and allowed them to elect three whites to Parliament.

Amid fears integration would eventually lead to racial assimilation, the National Party established the Sauer Commission to investigate the effects of the United Party's policies.Government determination to encourage high quality business to the Island, and the support offered by the sophisticated and comprehensive infrastructure of laws and regulations, combine to promote investor confidence.