Acts Online
GT Shield

Companies Act, 1973 (Act No. 61 of 1973)

Chapter VI: Offering of Shares and Prospectus

Prospectus

148A. Permission to omit information

 

 

1) The Registrar may, on application, allow information required under section 148 to be omitted from the prospectus, if the Registrar is satisfied that-
a) publication of the information would be unnecessarily burdensome for the applicant, seriously detrimental to a company mentioned in section 148(1)(a) or against the public interest; and
b) users will not be unduly prejudiced by the omission.

 

2) An application under subsection (1) shall be in writing and accompanied by the prescribed fee.