AmendmentAct
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I<br />
L~ _<br />
5/2/2012<br />
1. An attorney who shall represent a Claimant under this Act shall hold an<br />
.•<br />
Accountant's Certificate and shall have paid his contributions due to the<br />
Fidelity Fund in terms of the Legal Practitioners Act, 1964.<br />
2. With effect from the commencement date of this Act the following fees shall<br />
be payable to attorneys for services provided to a claimant who~e liability for<br />
such payment shall be borne by the SMVA Fund to the attorney not exceeding<br />
the amounts prescribed herein-<br />
(a) 10% on the first ElOO,OOO.OOawarded to the claimant, subject to a<br />
minimum ofE 5,000.00 and;<br />
(b) 3.5% on the balance of the award thereafter, which amount of the fees to be<br />
payable to the attorney shall not include disbursements and any order for<br />
costs issued by a competent court as a result of litigation between a claimant<br />
and the SMV A Fund.<br />
3. The amount of the disbursement to b paid to an attorney shall not include<br />
disbursement which shall be subject to a maximum of20% of the of fees<br />
referred to in paragraph 2 of this Schedule<br />
4. The fees payable to an attorney shall not be applicable where a competent<br />
court has granted an order for costs as a result of litigation arising out of a<br />
repudiation of a claim by the SMVA Fund.<br />
S. There shall be no fee payable to a attorney for any services rendered to a<br />
claimant if the attorney does not comply with the provisions of this Schedule.<br />
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