Any person qualified for membership in terms of section 29 or, subject to section 28, any number of such persons who intend to form a corporation, shall draw up a founding statement in the prescribed form in one of the official languages of the Republic, which shall be signed by or on behalf of every person who is to become a member of the corporation upon its registration and which shall, subject to the provisions of this Act, contain the following particulars:
| (a) |
The full name of the corporation: Provided that a literal translation of that name into any one other official language of the Republic, or a shortened form of that name or such translation thereof, may in addition be given; |
| (b) |
the principal business to be carried on by the corporation; |
| (i) |
a postal address for the corporation; and |
| (ii) |
the address (not being the number of a post office box) of the office of the corporation referred to in section 25(1); |
| (d) |
the full name of each member, his identity number or, if he has no such number, the date of his birth, and his residential address; |
| (e) |
the size, expressed as a percentage, of each member's interest in the corporation; |
| (f) |
particulars of the contribution of each member to the corporation in accordance with section 24(1), including— |
| (i) |
any amounts of money; and |
| (ii) |
a description, and statement of the fair value, of any property (whether corporeal or incorporeal) or any service referred to in section 24(1); |
| (i) |
the name and postal address of a qualified person who or firm which has consented in writing to his or its appointment as accounting officer of the corporation; and |
| (ii) |
the date of the end of the financial year of the corporation. |
Disaster Management Act, 2002
