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Experts warn of bureaucratic hurdles in new movable property bill

Cliffe Dekker Hofmeyr managing partner Sammy Ndolo. [Standard, File]

A new bill seeking to overhaul security laws for movable property has faced criticism for its potential impact on businesses.

The Movable Property Security Rights (Amendment) Bill, 2024, proposes updating and unifying existing regulations while repealing the Hire Purchase Act.

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