Alienation of Land Act

Section 29A(5)(a) of the Alienation of Land Act 8 of 1981 prescribes the monetary threshold in respect of the purchaser's right to revoke an offer or terminate a deed of alienation.  The Minister of Trade and Industry has given notice that it is considering, for the purpose of section 29A(5)(a) of the Alienation of Land Act, to increase the prescribed monetary threshold from R250 000.00 to R500 000.00

Interested parties wishing to comment on the proposed monetary threshold are invited to submit written representations to the dti, by no later than 28 February 2009.

Government Gazette 31709, 12 December 2008