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

Volume 2010, 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 may not come into operation earlier than 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). On 27 July 2010, the Companies Amendment Bill was released electronically (on the web sites of the Department of Trade and Industry and the Companies and Intellectual Property Office); it was published on 27 October 2010 in 33695. The Companies Amendment Bill (40B-2010) was tabled in Parliament on 9 November 2010. It proposed the amendment of the Companies Act to correct errors and to solve legal-technical and grammatical issues. The Bill was published for public comment. Public hearings were held on 30 November and 1 December 2010. By the end of 2010, the final version of the Bill had not been published.

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