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Children’s Amendment Bill: DBE Gazettes Explanatory Summary for ECD Transfer

The Department of Basic Education has gazetted a pre-tabling explanatory summary of the Children’s Amendment Bill, establishing the legislative framework to formalise the transfer of Early Childhood Development functions.

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IASB Proposes Risk Mitigation Accounting Amendments to IFRS 9 and IFRS 7

The IASB has proposed targeted amendments to IFRS 9 and IFRS 7 to improve risk mitigation accounting and disclosure rules for qualifying financial instruments.

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CSOS Board Dissolved and Administrator Appointed Under Section 28 of CSOS Act

The Minister of Human Settlements has dissolved the Board of the Community Schemes Ombud Service in terms of section 28(1) of the CSOS Act and appointed an administrator to oversee operations.

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SARS Issues Compliance Notice on Traveller Declarations and Third-Party Fees

The South African Revenue Service (SARS) has issued a regulatory notice clarifying that digital Traveller Declarations under the South African Traveller Management System (SATMS) are free of charge, warning against unaffiliated third-party service fees.

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