CATEGORIES
- (4) Negotiating Tax Debt and Payment Arrangements with SARS
- (2)Account / Profile
- (551)Accounting
- (2)Accounting and Finance
- (29)Audit
- (156)Auditing and Assurance
- (1)Business
- (1)Business Management
- (3)Business Rescue
- (102)CIPC
- (7)Compliance
- (18)Ethics and Professionalism
- (46)Financial Reporting
- (1)Government Funding Applications
- (4)Guides
- (1)Individuals Tax
- (28)Law
- (37)Legal and Compliance
- (2)Management
- (13)Miscellaneous
- (29)Money Laundering
- (1)Personal & Professional Development
- (2)Practice Management
- (2)Professional Ethics
- (3)Public Sector
- (145)Regulatory Compliance and Legislation
- (41)SARS Issues
- (29)Sustainability Reporting
- (42)Tax
- (1)Tax Update
- (9)Technology
- (1)Wills, Estates & Trusts
- Show All
Sectional Titles Amendment Regulations 2025
- 25 March 2025
- Regulatory Compliance and Legislation
- South African Accounting Academy
Summary:
The Department of Agriculture, Land Reform & Rural Development (DoALRRD) has published more amendments to regulations under the 1986 Sectional Titles Act. These 2025 Sectional Titles Amendment Regulations are now scheduled to come into force on 3 April 2025.
Article:
It was initially indicated that, as of March 24, 2025, the Sectional Titles Act 95 of 1986, and its related regulations, are in effect, with the latest amendment being Government Notice R.5941 of 2025, published in Government Gazette 52208 on March 3, 2025.
These amendments have implications for:
- the preparation of documents (focusing on initialling)
- re-registering a deed of transfer
- certificates of registered sectional title, and
- endorsements and/or entries (on registered deeds, other documents or in the register itself).
Click here to download the Government Gazette Notice:
https://www.gov.za/sites/default/files/gcis_document/202503/52208gon5941.pdf
Relevance to Auditors, Independent Reviewers & Accountants:
- The Sectional Titles Amendment Regulations is yet another piece of legislation that your clients must comply with, and which you must assess compliance with. If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
- As an auditor, accountant and independent reviewer, you need to consider the implications of these amendments on your relevant clients.
Relevance to Your Clients:
- Various entities have a duty to comply with the Sectional Titles Amendment Regulations, otherwise they could be held liable.