Public Service Commission Act, 1997
R 385
Companies Act, 2008 (Act No. 71 of 2008)SchedulesSchedule 5 : Transitional Arrangements1. Interpretation |
| (1) | In this Schedule— |
| (b) | "previous Act" means the Companies Act, 1973 (Act No. 61 of 1973). |
| (2) | A reference in this Schedule— |
| (a) | to a section by number, is a reference to the corresponding section of— |
| (i) | the previous Act, if the number is followed by the words "of the previous Act"; or |
| (ii) | this Act, in any other case; or |
| (b) | to an item or a subitem by number is a reference to the corresponding item or subitem of this Schedule. |
| (3) | Despite any other provision of this Act— |
| (a) | the Minister, by notice in the Gazette, may determine a date on which the Commission may assume the exercise of any particular function or power assigned to it in terms of this Act; and |
| (b) | until a date determined by the Minister in terms of paragraph (a)— |
| (i) | the Commission may not perform that particular function or exercise that particular power; and |
| (ii) | the Minister has the authority to, and bears the responsibility of, exercising any such function or performing any such power assigned by this Act to the Commission. |
