n Annual Survey of South African Law - Corporate law (including stock exchanges)

Volume 2009, Issue 1
  • ISSN : 0376-4605



The Companies Act 71 of 2008 was assented to on 8 April 2009. The date of commencement of the Act has not yet been proclaimed, but it is unlikely to come into operation before 9 April 2010 (s 225). Draft Regulations to the Companies Act were published for comment on 22 December 2009 (GN 1664 32832 of 22 December 2009). Many aspects of the Companies Act are dependent on the finalisation of the regulations and we do not foresee that the Act will commence before the regulations are adopted. For a brief outline of the contents of the Act and its implications for existing companies, see 2008 145.

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