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Companies Act, 2008 (Act No. 71 of 2008)

Regulations

Companies Regulations, 2011

Chapter 7 : Complaints, Applications and Tribunal Hearings

Part G : Maximum Administrative Fines and Determination of Turnover

163. Maximum administrative fines

 

See section 175

 

The maximum administrative fine, as contemplated in section 175 (5), is R 1 million.