The postponement, however, only relates to the general implementation of the various provisions of the two Acts. It does not extend to the establishment of the two institutions required to implement or administer both legislation - namely the Companies and Intellectual Property Commission and the National Consumer Commission.
"These institutions will come into existence and commence with administrative operations as stipulated in the Acts in the third quarter of this financial year. The public and stakeholders will thus be able to approach them for assistance and guidance as soon as their establishment is announced in due course," said the department.