on the money quiz & crossword
CRYPTIC CROSSWORD NO 750JD
@finweek finweek finweekmagazine finweek^ 19 March 2020^45
or no?
each with benefits and pitfalls.
Solution to Crossword NO 749JD
ACROSS: 1 Iced; 3 Dribbler; 9 Dentist; 10 Flint; 11 Bridge player; 13 Ending;
15 Loosen; 17 Remonstrance; 20 Abode; 21 Dossier; 22 In shtook; 23 Idol
DOWN: 1 Indebted; 2 Ennui; 4 Retype; 5 Buffalo grass; 6 Loiters; 7 Rota;
8 Virgin forest; 12 Integral; 14 Daemons; 16 Used to; 18 Naiad; 19 Taxi
ACROSS
1 Get starch from the French every month
(4-3-4)
9 One-directional BBC at sea retreat (3)
10 Showground (9)
11 That’s right, starts tea service for a poet (5)
13 Mexican tree spreading to outer limit (7)
14 Original one pressed into service (6)
16 Utter stream of abuse following artist’s
about-turn (6)
18 Log support for joining word club (7)
19 Senior member longing to lead
the party (5)
20 Is intense about ones gifted (9)
21 Boy not starting on time (3)
22 Favourite who gets the cat from the
master? (8,3)
DOWN
2 Catch up with sailors travelling the globe (3)
3 Appears to understand manuscript (5)
4 Show respect for Cockney, he faces retirement (6)
5 Gigantic switch of third for second character –
what a crook! (7)
6 I need to change trainer before you start the
programme (9)
7 Cheers copper, we hear, in the end (3,3,5)
8 It’s about soldiers getting a number that ill-starred (11)
12 Plenty starting to anticipate Chelsea cakewalk (9)
15 Mistake a nervous response as being devious (7)
17 A gricer would spot the answer (6)
19 Commentate on the absence of
American recordings (5)
21 Husband is in the market to seek extra
help for spouse (3)
Fancy yourself a general knowledge whizz? Then give our quiz a go!
You can complete it online via fin24.com/finweek from 19 March.
- How much did South Africa's producer
price index (PPI) increase by in January
(year-on-year)?
■ 4.6%
■ 3%
■ 5.1% - US Senator Elizabeth Warren dropped
out of the Democratic presidential race,
leaving former vice president Joe Biden to
run against:
■ Donald Trump
■ Bernie Sanders
■ Michael Bloomberg - True or false? Tito Mboweni proposed cuts to
the public sector wage bill. - Name the Chinese city at the centre of the
coronavirus outbreak.
5. True or false? Tshifhiwa Tshivhengwa is the
CEO of the Tourism Business Council of SA.
6. Which mine is currently the world’s
deepest?
7. True or false? An antenuptial contract is a
legal document signed prior to entering a
marriage and which regulates the financial
relationship between a couple.
8. Which company is indebted sugar producer
Tongaat Hulett selling its starch business to?
9. By how much did Hong Kong’s central
bank cut its interest rate following an
emergency cut by the US Federal Reserve?
10. True or false? Philip Morris International is
a cigarette maker.
of both parties in a relationship and clarifies the
expectations of the partners,” she says.
The fact that the parties are concluding a
cohabitation agreement means they are concluding an
agreement about their property – so it depends on what
that couple agree on in that pact, says Von Ludwig.
Cohabitation is not a formal legal status at
present, she says, “so it is only couples who
specifically conclude specific cohabitation
agreements who are governed by whatever they
choose their agreement to say”.
Customary marriages
Customary marriages have come a long way in
SA, and today the conclusion of such a marriage is
governed by the Recognition of Customary Marriages
Act. Ancestral traditions and rituals must be upheld
and in fact be complied with for it to be valid in terms
of the legislation.
A customary marriage is automatically deemed
to be a marriage in community of property, unless
an antenuptial contract is concluded to specifically
exclude such consequences, according to a note from
Cliffe Dekker Hofmeyr.
Therefore, customary marriages need to be given
proper thought, because if a spouse is already married
to someone else in or out of community of property, all
spouses need to be aware of the consequences of a
subsequent marriage, says Von Ludwig.
She says that the parties to the marriage will
need to consider the nature of the first marriage to
determine if they can have a second or subsequent
marriage, and what regime will govern it. The second
customary marriage will have to be governed by an
antenuptial contract. ■
[email protected]
SOURCE: Vermeulen Attorneys
OUT OF COMMUNITY OF PROPERTY
WITH ACCRUAL
OUT OF COMMUNITY OF PROPERTY
WITHOUT ACCRUAL
- The assets and liabilities of each spouse
remain their own before, during and after
the marriage.- The assets and liabilities of each spouse
remain their own before, during and after
the marriage.
- The assets and liabilities of each spouse
- However, the spouse whose estate has
grown the least during the marriage will have
a claim against the spouse whose estate grew
the most during the marriage.- Thus, there is no sharing of assets and
liabilities at the dissolution of the marriage.
- Thus, there is no sharing of assets and
- This ensures that the parties share equally
in the financial growth of the household
during the marriage.
DIFFERENCE BETWEEN OUT OF COMMUNITY OF
PROPERTY WITH OR WITHOUT ACCRUAL