Close Corporations Act, 1984 (Act No. 69 of 1984)

Part VII : Accounting and Disclosure

Purchase

(1)	Section 34(2) of the Companies Act, read with the changes required by the context, apply to a corporation.

(2)	Chapter 3 of the Companies Act, read with the changes required by the context—

(a)	applies to a corporation that has voluntarily determined to take any action contemplated in section 34(2) of the Companies Act; and

(b)	prevails over any conflicting provision of this Act, with respect to a corporation contemplated in paragraph (a).

[Section 62A inserted by section 224, item 5(5) of Schedule 3(A), of Notice No. 421 dated 9 April 2009]