What Companies Act 71 of 2008 requires
This Act modernizes and codifies company law in South Africa, governing the incorporation, management, and dissolution of companies, and establishing the duties and liabilities of directors. It applies to all companies registered in South Africa, with Section 76 codifying the standards of directors' conduct, including the duty to act in good faith and for a proper purpose.
Pillar: Banking & Global Finance · Authority: Parliament of the Republic of South Africa · Version: 1.0.0 · Last updated:
Primary source: https://www.gov.za/documents/companies-act
SHA-256 integrity: 7236c32e4a23fecba01599046278d2c07d31ff701efd9d0cd38d2bee0ee25647
Primary Citations — 7 traced to source
- Companies Act 71 of 2008, Section 13 - Memorandum of Incorporation
- Companies Act 71 of 2008, Section 29 - Financial statements
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