MAY 2015 VISIT IDA WEBSITE | MEMBER LOGIN | SEND TO A FRIEND | SUBSCRIBE | UNSUBSCRIBE | CONTACT US Dear Member, Bumper issue to celebrate first anniversary The month of June marks the first anniversary of Heads-Up! As you know, our aim with this newsletter is to keep you informed (and sometimes entertained) of the many happenings and developments in the motoring business. We sincerely hope we have succeeded in this regard and, as always, welcome your feedback – whether it be good or less complimentary. Our acquisition by Lightstone Group also provides us with good quality data and we are happy to share it with you in our new regular feature, The Crow’s Nest. This bumper issue is jam-packed with relevant and pertinent information that may have a profound impact on your business. Please feel free to contact us should you have any questions or queries. All the best, Pieter Wessels CEO IDA Group of Companies FAIS Amendments: Contracting In line with the FAIS AMENDMENT ACT Section 13(1)(c), IDA Risk Management has been involved in discussions with several Insurers and Underwriters to ensure that our dealers can continue doing their business as usual. Read more... The National Credit Amendment Act The National Credit Amendment Act (NCAA) is thought to have the most significant impact on business since the National Credit Act of 2005. Read more...   Have you done your MIOSA registration yet? Levies payable to the MIOSA are now a legal requirement from the Automotive Industry. Read more... Hollard in exclusive negotiations to acquire Regent Hollard is looking to acquire an interest in Regent Insurance Company and Regent Life Assurance. Click here for more information.   SuperSpark to the rescue Chappie from Cheapies Incorporated wants to know how to protect his dealership when selling an old trade-in in the light of the Consumer Protection Act. SuperSpark shares his valuable expertise. Read more... KZN Forum meeting We’d like to thank members who attended the recent IDA Forum meeting in KwaZulu-Natal. Read more... Winter Christmas brings much-needed warmth The IDA Care Foundation recently hosted a Winter Christmas on the West Rand. Read more... Sani2C – on Fat Bikes – for charity Pieter Wessels and Danny Pringle took on the Sani2C – on Fat Bikes – for charity. Read more... From the Crow’s Nest From the Crow’s Nest is a new regular monthly feature in Heads-Up in which we give a short overview of what is happening in our industry, as well as some nice to know statistics. Read more... The lighter side of travel Click here to view... Heads-Up is a monthly electronic newsletter for members of the IDA. If, for any reason, you no longer wish to receive this communique, kindly unsubscribe here. Editorial co-ordination by The Hothouse Communications, 011 678 3545.