The purpose and aims of the statutory measure is to compel the parties set out herein to keep records and render returns to SA Olive. This is necessary to ensure that continuous, timeous and accurate information relating to the products as defined, is available to all role players in the SA Olive Industry. Such information is deemed essential for all role players in order for them to make informed decisions. By prescribing the keeping of records with the rendering of returns on an individual basis, import and production information of table olives and olive oil can be processed and disseminated.

The establishment of the measure will assist in promoting the efficiency of the marketing of olive products. The viability of the olive industry should thus be enhanced. The measure will not be detrimental to the number of employment opportunities or fair labour practice. Any information obtained will be dealt with in a confidential manner and no sensitive client-specific information will be made available to any party without the prior approval of the party whose rights may be affected.

It will be administered by SA Olive, a company established in terms of the Companies Act (as amended) 2008 (Act 71 of 2008). SA Olive will implement and administer the measure as set out in this Schedule.