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Tel: +27 (0) 21 671 2240
Fax: +27 0880 216 712 240
Postbox:
PO Box 2099
Clareinch
Western Cape
7740

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From The Glossary »

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Contingent Liability:

A contingent liability is: 1. ) A possible obligation that arises from past events and whose existence will only be confirmed if a future event occurs, or 2. ) A present obligation that arises from past events but which cannot be measured with sufficient reliability.
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