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"foreign juristic person"

means a person that—

(a) has the legal authority to provide higher education in its country of origin;
(b) is registered or established as a juristic person in terms of a law of a foreign country; and
(c) is entitled to be registered as an external company in terms of section 23 of the Companies Act, 2008 (Act No. 71 of 2008);

[Definition substituted by section 1(e) of Notice 21, GG 40548, dated 17 January 2017]