Legal Practitioners to Pay an Administrative Fee for the Late Submission of Auditor’s Reports

Please be advised that as from 1 January 2021 the Legal Practice Council will introduce an Administrative Fee of R1 000,00 for the late submission of Auditor’s Reports. The Administrative Fee will be raised in terms of Rule 6 of the Rules promulgated under Sections 95(1), 95(3) and 109(2) of the Legal Practice Act (“LPA”).