Companies Act, 2008 (Act No. 71 of 2008)
Chapter 2 : Formation, Administration and Dissolution of Companies
Part C : Transparency, accountability and integrity of companies
34. Additional accountability requirements for certain companies
|(1)||In addition to complying with the requirements of this Part, a public company or state-owned company must also comply with the extended accountability requirements set out in Chapter 3.|
|(2)||A private company, personal liability company or non-profit company is not required to comply with the extended accountability requirements set out in Chapter 3, except to the extent contemplated in section 84(1)(c), or as required by the company’s Memorandum of Incorporation.|
Join our mailing list!