From the Courts: Settling Municipal Debts: Preference in the case of Insolvency.
In March 2006, the Supreme Court of Appeal handed down a decision that sets an important precedent in respect of the preference given to municipal debts in cases of insolvency, in terms of section 118 of the Municipal Systems Act.
https://p21.juizi.com/dullahomarinstitute.org.za/multilevel-govt/local-government-bulletin/archives/volume-8-issue-2-may-2006/vol-8-no-2-from-the-courts.pdf/view
https://p21.juizi.com/dullahomarinstitute.org.za/multilevel-govt/local-government-bulletin/@@site-logo/DOI001 Logo-rgb.png
From the Courts: Settling Municipal Debts: Preference in the case of Insolvency.
In March 2006, the Supreme Court of Appeal handed down a decision that sets an important precedent in respect of the preference given to municipal debts in cases of insolvency, in terms of section 118 of the Municipal Systems Act.