National Small Business Act, 1996 (Act 102 of 1996)
R 385
Disaster Management Act, 2002 (Act No. 57 of 2002)NoticesDirections on taxi relief fund to mitigate the impact of COVID-19 in the taxi industry, 20217. Part C: Transitional Arrangements for Taxi Formalisation |
| (1) | Despite the requirements stipulated in direction 5 and 6, and the cut-off date stipulated in direction 8, all taxi operators will be required to transfer their operating licenses to business entities within seven years from the date of submission of the application for the taxi relief fund. |
| (2) | The taxi operator must ensure that within a period of two years from the date of submission of application that the employees in his employment will be registered under the name of the company established and registered with the Unemployment Insurance Fund. |
| (3) | In case of motor car, mini-buses, and midi-buses that are still financed, the taxi operator must ensure that within 5 years they change from the owner to the company. |
