South Africa

Details

  • Industry: Financial Services
  • Type: Business and industry issue
  • Date: 2013/09/23

Africa Regulatory Center of Excellence

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Correctly applying the 'in duplum' rule 

The in duplum rule has been part of South African law for more than 100 years, being applied through South African case law from as early as 1830. Literally translated, in duplum means ‘double the amount’.
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The in duplum rule has been the subject of much academic debate and juristic opinion.

 

This factsheet highlights the following areas of application:

 

  • The interaction between common law and statutory in duplum
  • Statutory in duplum: practical difficulties
  • Statutory in duplum in practice: compliance
 

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