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FMF NEWSLETTER 9 May 2018
EDITORIAL
Dear friend of the FMF
In this week’s feature article, Gary Moore explains why an amendment to the Constitution to allow for expropriation without compensation would be a fundamental violation of the Rule of Law. Moore explains how the Constitution already allows for expropriation. In 2017, the High Level Panel reported that government had failed to effectively use the powers available to it in the Constitution and that an amendment is not necessary to speed up land reform. Expropriation without compensation for land reform purposes would impair the Rule of Law by limiting people’s fundamental rights to property and equality as well as their protection against unfair discrimination. It would also violate SA’s obligations under international law.
The Expropriation Act authorises government expropriation of private property for market-value compensation.
The Constitution states that compensation for expropriation must reflect “equitable balance” between the public interest and interests of those affected, having regard to “all relevant circumstances” including the property’s current use, the history of its acquisition and use, market value, any state investment or subsidy in the acquisition or capital improvement of the property, and the expropriation’s purpose.
Wednesday, 23 May 2018MEDIA BRIEFING – Terence Corrigan (IRR) and Temba Nolutshungu (FMF) – Expropriation Without Compensation @ FMF – more info to follow
Wednesday, 31 May 2018EVENING EVENT – Cecelia Kok (FNS) –The value of liberalism @ FMF –more info to follow
Once on the FMF Facebook page, please scroll down until you find the presentation live streaming. Please note: the video remains available on Facebook after the event (though you will need to scroll down further to find it). OR you can watch it on our YouTube channel – usually uploaded within a day or two: https://www.youtube.com/user/channelfmf
All individuals and companies can donate and deduct a maximum of 10% of their taxable incomes to Section 18A approved Public Benefit Organisations. The minimum annual payment we require is R250. All payments of R250 or more will be treated as a donation for which you will receive a Section 18A certificate for SARS.