juristic person


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juristic person

a body recognized by the law as being entitled to rights and duties in the same way as a natural or human person, the common example being a company.
References in periodicals archive ?
The two primary types of legal persons are a natural person and a juristic person.
3) When applying a provision of the Bill of Rights to a natural or juristic person in terms of subsection (2), a court
The definition of 'person' in the new Act, is aligned to the jurisdiction, in that 'person' is restricted in its meaning to a citizen; a permanent resident; a juristic person registered or incorporated in the Republic; or any foreign citizen who contravenes the provisions of the new Act in the Republic (an example would be a foreign person who recruits, trains or finances mercenaries in South Africa).
Financial institutions that are required to report suspicious activities are broadly defined by the AMLA as any business or juristic person undertaking banking or nonbanking business.
GSB is a juristic person and state enterprise, which operates as a financial institute, guaranteed by the government under the supervision of the Ministry of Finance.
Upon issuance of a presidential decree establishing the university, the university becomes an independent juristic person, separate from its founders and managed by is the university's board of trustees ('BoT').
Registration as a private health sciences education provider by the DHET includes confirmation of eligibility to register in terms of the Higher Education Act of 1997, establishment of a juristic person in terms of the Companies Act of 1973, proof of financial viability and proposal/s to offer programmes registered on the National Qualifications Framework (NQF).
Not only that, the court also held 'that the place of birth that is Ram Janambhoomi is a juristic person.
The SASC would be a juristic person, funded by Parliament by means of an annual budget, and charged with performing its role under the guidance of and in consultation with the Minister of Sport and Recreation.
The Court stated that section 8(4) "recognizes that the nature of a juristic person may be taken into account in determining whether a particular right is available to such a person or not," which means there is room for challengers to argue in the future, in the context of specific disputes, that particular corporate rights should be subordinated to real persons' rights.
The sanction would be imposed personally on the perpetrating Director, if an individual, and on the corporate Director and/or its representative, in case the Director is a juristic person.
This includes the Sol Plaatje University and University of Mpumalanga, both of which are new universities entering their second year of operation, and the Sefako Makgatho Health Sciences University (SMU), which was promulgated as a juristic person in May 2014 and will open its doors to its first student cohort in January 2015.