Question: Second Statement: The Board believes that the Group has applied all significant governance principles and is compliant with all significant Listings Requirements of the JSE.

Second Statement: "The Board believes that the

Second Statement: "The Board believes that the Group has applied all significant governance principles and is compliant with all significant Listings Requirements of the JSE. The Group has not breached any regulatory requirements and has complied with statutory obligations." 3.3 Explain the regulatory/legislative framework that governs the practice of good corporate govemance in an organisation such as Pick n Pay. (20)

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