Practice Details

Legislative & Regulatory Review

REX is a leader in the area of regulatory review and has accumulated experience in corporate and legislative drafting. REX has a record of playing major roles in reviewing laws that generally impact the legal and regulatory regime for doing business to assist corporates in their compliance obligations and in managing business risks by avoiding actions that are restricted or prohibited by law. The Firm has been engaged repeatedly, by Government or other non-governmental entities as well as corporate clients to assist in the review and drafting of legislation and regulations. Notable review and drafting assignments include the surface, marine, water and energy utilities sectors, mining, investment and business licensing, port laws and regulations, the laws and regulations on capital markets in the areas of unit trusts and open-ended investment companies. Other assignments include the drafting of land regulations necessary to implement the Land (Amendment) Act of 2004 which addressed enforcement of mortgages, drafted a bill to regulate the operations of the Land Market and Practice of Estate Agents, drafted forest regulations for complementing the Forest Act of 2003, prepared the new Unit Titles Regulations including proposed amendments to the Capital Markets and Securities Act No. 5 of 1994 to accommodate the new draft regulations and reviewed the telecommunications legal and regulatory regime, to mention only a few.