South Africa: 104 errors in Companies Act must be fixed

source: IOL
January 05 2010 at 09:48AM

One hundred and four. That’s how many mistakes officials must rectify in the Companies Act.

The act was passed by Parliament in 2008 and signed into law by the president in April last year. It is due to come into effect this year on a date still to be set.

But first the Department of Trade and Industry has to fix 104 mistakes in the law.

“These errors relate to provisions that appear to be incomplete as well as to grammatical, technical and incorrect cross-references, which may give rise to different interpretations of [continue reading]

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