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IRM1501 Assignment 2 Semester 2 2023 - DUE September 2023

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IRM1501 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 () - DUE September 2023 100% TRUSTED workings with detailed Answers for A+ Grade.

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IRM1501
ASSIGNMENT 2 SEMESTER 2 2023

, THE SUPREME COURT OF APPEAL OF SOUTH AFRICA

JUDGMENT

Reportable

Case No: 71/2019

In the matter between:

GLOBAL & LOCAL INVESTMENTS

ADVISORS (PTY) LTD
APPELLANT

and

NICKOLAUS LUDICK FOUCHÉ
RESPONDENT



Neutral citation: Global & Local Investments Advisors (Pty) Ltd v Nickolaus
Ludick Fouché (71/2019) [2019] ZASCA 08 (18 March 2020)

Coram: NAVSA, SALDULKER, MAKGOKA and NICHOLLS JJA and
MOJAPELO AJA

Heard: 24 February 2020

Delivered: 18 March 2020

Summary: Whether a financial services provider acted in breach of client’s
mandate by releasing funds upon receiving fraudulent email instruction –
applicability of section 13(3) of the Electronic Communications and
Transactions Act 25 of 2002



ORDER



On appeal from: Gauteng Division of the High Court, Johannesburg (Vorster
AJ sitting as court of first instance):

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