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Apr 15

SARB and National Treasury request a Risk Evaluation

on Tuesday, 21 April 2015 10:36.

The SA Reserve Bank requested a broad Risk Evaluation of the PurePlay® Instrument including risks of currency movements across SA borders. The PurePlay® technical team together with potential issuers will proceed to prepare a comprehensive report on the risks and will submit same to SARB.

Mar 15

Senior Counsel issues final positive opinion on legality of unmined minerals sale

on Friday, 27 March 2015 10:36.

The final SC Opinion (together with a Junior Counsel) on the legal status of the sale of unmined minerals concludes that it is a valid legal sale. We will now submit the SC Opinion to SARS and National Treasury for their perusal. We await the outcome of the VAT application.  

Feb 15

SARB advise submission to National Treasury

on Thursday, 05 February 2015 10:36.

The SA Reserve Bank advised that the request for Local Asset status of PurePlay® Instruments has been submitted to National Treasury for approval.

Jan 15

Briefing Senior Counsel on Sale Opinion

on Thursday, 15 January 2015 10:37.

The PurePlay legal team today briefed Senior Counsel on the Opinion required for the sale of unmined minerals as requested by SARS and National Treasury. All the technical aspects were dealt with and Peter Dawe, the leader of the legal team, advised that he is confident that the sale is legally sound but expects that the question will be thoroughly investigated before Senior Counsel will give an Opinion.  

Dec 14

SARS and National Treasury ask for a Senior Counsel Opinion for VAT approval

on Monday, 15 December 2014 10:37.

The SA VAT treatment of PurePlay® Instruments needed confirmation from SARS that the trading in PurePlay Instruments will not attract VAT. SA Revenue Services (SARS) requested a Senior Counsel Opinion on the legal status of the sale of unmined minerals. The PurePlay legal team has set the process in motion for early next year after the December recess.  

Dec 14

Submission to the SA Reserve Bank

on Tuesday, 02 December 2014 10:38.

PurePlay Holdings together with the 1st potential issuer have requested SA Reserve Bank approval for the listing of the 1st PurePlay Gold Notes on the Johannesburg Stock Exchange to be classified as a “Local Asset” for South African institutional Investors. The minerals being sold are SA minerals but all minerals are classified by SARB as international assets due to their international pricing.

Nov 14

PurePlay Notes - Negotiations Start

on Tuesday, 18 November 2014 12:15.

We have entered into sensitive negotiations with a number of issuers of and Investors in PurePlay Notes. These negotiations further involve third parties, market development & support entities and regulatory authorities. The result is that we will now discontinue the news updates until all regulatory and sensitive processes are complete. We will resume news items when we are ready for placing activity.

Patents and Trade Marks

The Intellectual Property of PurePlay Holdings (Pty) Ltd is protected by world-wide pending Patents.

Trademarks awaiting registration are PurePlay™, Nature’s Vault™, As Good as Gold™ and Sp☼t True Value™.

Contact Details

5 Jan Smuts Avenue,Winston Park
Durban, 3610,South Africa

Tel: +27 31 7670156
Cell: +27 82 4515864
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.