The pillaging of companies by those who control them is becoming a common occurence in South Africa. The problem arises where those in control of a company are its sole shareholders and the property they are charged with stealing, though not legally belonging to them, is vested in an entity which itself belongs to them. One defence is that there can be no theft where the company consents to the appropriation of its funds. It is argued that a theft is committed only where all the criminal elements of the crime of theft are satisfied, notwithstanding the consent, or absence thereof, by the company. Case law indicates that a conviction depends on the : solvency or insolvency of the company; degree of control and victim of the appropriation. It is submitted that it is inappropriate to base a conviction on these criteria. All abuses of the corporate structure should be punished. / Mercantile Law / LL. M.

The pillaging of companies by those who control them is becoming a common occurence in South Africa. The problem arises where those in control of a company are its sole shareholders and the property they are charged with stealing, though not legally belonging to them, is vested in an entity which itself belongs to them. One defence is that there can be no theft where the company consents to the appropriation of its funds. It is argued that a theft is committed only where all the criminal elements of the crime of theft are satisfied, notwithstanding the consent, or absence thereof, by the company. Case law indicates that a conviction depends on the : solvency or insolvency of the company; degree of control and victim of the appropriation. It is submitted that it is inappropriate to base a conviction on these criteria. All abuses of the corporate structure should be punished. / Mercantile Law / LL. M.

E-crimes continue to generate grave challenges to the ICT regulatory agenda. Because e-crimes involve a wrongful appropriation of information online, it is enquired whether information is property which is capable of being stolen. This then requires an investigation to be made of the law of property. The basis for this scrutiny is to establish if information is property for purposes of the law. Following a study of the Roman-Dutch law approach to property, it is argued that the emergence of an information society makes real rights in information possible. This is the position because information is one of the indispensable assets of an information society. Given the fact that information can be the object of property, its position in the law of theft is investigated. This study is followed by an examination of the conventional risks that ICTs generate. For example, a risk exists that ICTs may be used as the object of e-crimes. Furthermore, there is a risk that ICTs may become a tool in order to appropriate information unlawfully. Accordingly, the scale and impact of e-crimes is more than those of the offline crimes, for example theft or fraud. The severe challenges that ICTs pose to an information society are likely to continue if clarity is not sought regarding: whether ICTs can be regulated or not, if ICTs can be regulated, how should an ICT regulatory framework be structured? A study of the law and regulation for regulatory purposes reveals that ICTs are spheres where regulations apply or should apply. However, better regulations are appropriate in dealing with the dynamics of these technologies. Smart-regulations, meta-regulations or reflexive regulations, self-regulations and co-regulations are concepts that support better regulations. Better regulations enjoin the regulatory industries, for example the state, businesses and computer users to be involved in establishing ICT regulations. These ICT regulations should specifically be in keeping with the existing e-authentication measures. Furthermore, the codes-based theory, the Danger or Artificial Immune Systems (the AIS) theory, the Systems theory and the Good Regulator Theorem ought to inform ICT regulations. The basis for all this should be to establish a holistic approach to e-authentication. This approach must conform to the Precautionary Approach to E-Authentication or PAEA. PAEA accepts the importance of legal rules in the ICT regulatory agenda. However, it argues that flexible regulations could provide a suitable framework within which ICTs and the ICT risks are controlled. In addition, PAEA submit that a state should not be the single role-player in ICT regulations. Social norms, the market and nature or architecture of the technology to be regulated are also fundamental to the ICT regulatory agenda. / Jurisprudence / LL. D.