isishwankathelo

IINKCUKACHA

Ingqwalasela yotyalo-mali lweziseko ezingundoqo
Ezi zihlomelo kuMmiselo wama-28 zibonelela ngempendulo karhulumente kwikhwelo lotyalo-mali lwengxowa-mali yomhlalaphantsi kwiziseko ezingundoqo ukuvala umsantsa weziseko ezingundoqo. Isigqibo sotyalo-mali kulo naluphi na uhlobo lwe-asethi, kubandakanywa neziseko zophuhliso, sihlala siseso sebhodi yetrasti yeengxowa-mali zomhlalaphantsi. Isaziso esisayilwayo kwizilungiso zoMmiselo wama-28:

    • Ibonelela ngesalathiso esithe ngqo kutyalo-mali kwiziseko ezingundoqo kusetyenziswa iindidi ngeendidi ze-asethi esele zivunyelwe nguMmiselo kwaye wazisa umda odibeneyo weziseko ezingundoqo;
    • Ufaka iikholamu ezimbini ezintsha kwiThebhile 1 yoMgaqo wama-28 kunye nemida esebenzayo kutyalo-mali lweziseko zophuhliso. Utyalo-mali kwiziseko ezingundoqo luya kuqwalaselwa phakathi kweendidi zee-asethi ezisisiseko ezichazwe kuMmiselo wama-28. Oku kuya kwenza ukuba iinkcukacha ezingcono nezichanekileyo zolu hlobo lotyalo-mali;
    • Iphakamisa ukuba utyalo-mali lulonke kwiziseko ezingundoqo kuzo zonke iindidi zee-asethi, lungagqithi kuma-45% ngokubhekiselele ekutyhilekeni ekhaya kunye nomda owongezelelweyo we-10% ngokubhekiselele kwi-Afrika iphela; kwaye
    • Ukunciphisa umyinge wokuvezwa komyinge womniki ngamnye okanye iqumrhu ukuya kuma-25% etotali ye-asethi yengxowa-mali.

Izilungiso kwiinkcazelo
Inkcazo yeziseko zophuhliso nayo yongezwa ukucacisa ngokucacileyo nokukhokela intsingiselo yegama elisetyenziswe kuMgaqo. Ukungahambelani nesihloko seziseko zophuhliso sisilungiso kwinkcazo yehedge fund. Isilungiso esicetywayo kwinkcazo ye-hedge fund silandela i-Declaration of hedge fund business njengeskimu sotyalo-mali oludityanelweyo ngokweSaziso sikaRhulumente 38503 somhla wama-25 kweyoMdumba ngowama-2015.

Ukudityaniswa kwenqaku lesi-8 kwiThebhile yoku-1
Ukwandisa ngakumbi inkxaso-mali yeziseko ezingundoqo, udidi lwe-asethi olunxulumene “neengxowa-mali ze-Hedge, iimali zezabelo zabucala kunye nezinye ii-asethi ezingakhankanywanga kolu luhlu” luyacinywa. Esi sihlomelo siya kwenza izabelo zabucala zibe ludidi lwe-asethi ngokwalo kunye nomda walo othile. Iqela lezifundo zibhala umtsalane wotyalo-mali kwizabelo zabucala kunye neeprojekthi zeziseko zophuhliso. Olu phononongo lufumanisa ukuba utyalo-mali lwezabelo zabucala kwiiprojekthi zeziseko zophuhliso lunempembelelo entle kwaye lunceda ekwabelaneni ngomngcipheko weprojekthi phakathi kwabaxhasi beprojekthi. Kungenxa yesi sizathu ukuba udidi lwee-asethi zezabelo zabucala, i-hedge fund kunye nezinye ii-asethi ezikuMmiselo wama-28 zitshitshiswa, ngomda osetyenziswa kwizabelo zabucala wonyuswe.

Okwangoku, "i-Hedge funds, ii-private equity funds kunye nezinye ii-asethi ezingabhekiselwanga kule shedyuli" yiklasi enye ye-asethi kunye nomda ohlangeneyo we-15%. Izabelo zabucala ngokwazo zinomda we-10%; I-hedge funds nayo i-10% kunye nezinye ii-asethi ezingachazwanga kolu luhlu yi-2.5%. Emva kokuqhawuka kweqela le-asethi, umda wezabelo zabucala ucetywa ukuba unyuswe ube yi-15%. Iingxowa-mali ze-Hedge kunye nezinye ii-asethi ezingachazwanga kule shedyuli ziya kuhlala zingatshintshi kwi-10% kunye ne-2.5%, ngokulandelanayo. Umda opheleleyo okanye odibeneyo uyasuswa.

Umgaqo omtsha uMmiselo wama-28(2)(c)(x)
Lo mgaqwana ufakelwa ukuqinisekisa ukuba iingxowa-mali zomhlalaphantsi zinika ingqwalaselo kubuchule obufanelekileyo kulo lonke utyalo-mali kubandakanywa notyalo-mali lweziseko zophuhliso.

Ummiselwana 28(8)(a)
Ummiselo wokunika ingxelo kunye nokungabandakanywanga nawo uyalungiswa ukuze kususwe ukukhululwa ekunikweni kwengxelo kutyalo-mali olugcinwe yi-inshurensi yexesha elide kunye nezikim zotyalo-mali ezidityanelweyo egameni leengxowa-mali zomhlalaphantsi, utyalo-mali olunokuthi lubandakanye utyalo-mali lweziseko ezingundoqo.

I-Tuffias - Incwadana yeRhafu ethandekayo ye-SA Mailer ibhanile 02-21