Oil Well (Pty) Limited v Protec International Limited and Others (44835/08) [2010] ZAGPPHC 7

17th February 2010

The court rules that a trade mark assignment agreement entered into without prior Treasury approval, does not constitute a contravention of Regulation 10(1)(c) of the Exchange Control Regulations, 1961, and that a contravention of Regulation 10(1)(c) would, in any event, not render such an assignment agreement null and void, ab initio.