- In: Reports
- Published Date
- By Aadil Adam
- Hits: 374
Date: 21 October 2011
Our Ref: Brief Report 2
Brief Report: 2
Further to our letter dated 12 October 2011 we wish to bring members up to date on new developments.
1. Professional Indemnity:
Thanks to the effort of our colleague Johan Fourie, SANAPS has sensitised the Board regarding our concerns. We are given to understand that the Board has unilaterally done away with the premium subsidies to smaller offices. We are also given to understand that the amount involved would be in the region of R800 000.00. We will be engaging the SABFS for a possible refund.
As a result of negotiations between SANAPS and Primak we are happy to announce that the future excess will be reduced to R10 000.00 on the 1st claim, R15 000.00 on the 2nd and R20 000.00 on the 3rd and further claims, (compared to the existing R25 000.00). Regretfully the premium will remain the same. We are however endeavouring to seek alternatives and will continue engaging with the Board in achieving this.
We further intend to engage the Board in exploring the possibility that the Fidelity Fund is sustainable to self insure. This would probably have further ramifications in respect of premiums.
2. Resignation of Members:
We are sad to announce the departure of Thaka Seboka, Hendrik Tau and the KZN Province from SANAPS. We have taken note of the concerns raised and in an endeavour to reconcile and heal, a national conference will be called up by latest the first week of November 2011. We also intend to explore the allegations of the so called illegal elections.
An arbitrator will be appointed and the outcome of this meeting would be to pave a way forward that would be for the ultimate benefit of the profession.
3. The PAC Nominations:
Attached herewith is SANAPS letter dated the 17 October 2011 the contents of which is self explanatory.
4. SABFS Nominations:
We have not as yet received any nominations. We once more remind members that nominations have to be forwarded to the DOJCD by the 4 November 2011.
5. Rules Board:
We have been requested to comment on the Draft Mediation Rules. There is consensus that the Mediation Rules do not impact on the profession and we will advise the Rules Board accordingly.
6. Sheriff post applications:
We have been informed by the DOJCD that the closing date has been extended to the 4 November 2011. We wish all applicants the best of luck.
If there is anything else that members may require us to attend to, please do let us know.
Mr. A. Makwetu.