The Minister of Trade and Industry (the dti) Dr Rob Davies, has, after consideration of the level of readiness of the administrative processes required for smooth implementation and having assessed requests made by affected stakeholders to prepare properly for compliance with the laws, deferred the general implementation date of both the Consumer Protection Act of 2008 and the Companies Act of 2008 to 1 April 2011. This will enable the department to finalise all processes required to effectively administer these two pieces of legislation. the dti believes that this postponement will also give business and the public sufficient time to prepare themselves for compliance with the new laws.
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