Examples of South African Companies Act in a sentence
Accordingly, the Company does not have “authorised shares” as envisaged in the South African Companies Act.
The audit committee has satisfied itself that the external auditor is independent of the Company, as set out in Section 94(8) of the South African Companies Act 71, of 2008.
The committee submits this report, as required by section 94 of the South African Companies Act No 71 of 2008 (the Act).
One set (2 years comparative figures) of the most recent audited Annual Financial Statements together with a signed Independent Auditor’s Report or a signed letter from the Accounting Officer for Close Corporations must be submitted unless the reporting entity is exempted in terms of the new South African Companies Act from obtaining an Independent Auditor’s Report.
The Directors particularly draw Investors’ attention to the following restrictions: South Africa Under Section 99(1)(b) of the South African Companies Act, the Memorandum and Articles of the Company together with the names and addresses of the Directors will be filed with the South African Companies and Intellectual Property Commission once the Prospectus Vetting Committee of the South African Companies and Intellectual Property Commission has completed its review of the prospectus.
MJ MahloeleFor Southern Sun Secretarial Services Proprietary LimitedReport of the Audit Committee for the Year Ended 31 December 2019 The audit committee has pleasure in submitting this report, as required by Section 94 of the South African Companies Act 71, of 2008.
One set (2 years’ comparative figures) of the most recent audited Annual Financial Statements together with a signed Independent Auditor’s Report or a signed letter from the Accounting Officer for Close Corporations must be submitted unless the reporting entity is exempted in terms of the new South African Companies Act from obtaining an Independent Auditor’s Report.
The proxy appointment remains valid only until the end of the relevant meeting at which it was intended to be used, unless revoked as contemplated in section 58(5) of the South African Companies Act, 2008.
Owing to the mutual shareholding structure of the Company, it is classified as a private company under the South African Companies Act.
All rights and responsibilities vest collectively in the trustees in their capacity as trustees.Non-profit CompaniesThe South African Companies Act of 2008, which came into force on May 1, 2011, provides for the incorporation of a non-profit company, which is recognized as a separate category of company.