11 July 2007
The Department of Trade and Industry wishes to give notice to the public on
the revised timeframes for the Corporate Law Reform process.
Please note that the timeframes for the completion of the Corporate Law
Reform process are as follows:
Finalisation of the updated Companies Bill, 2007, following public comments:
31 August 2007
Submission of the Bill to the State Law Advisors for certification: 10
September 2007
Submission of the Companies Bill to Cabinet for approval to introduce the Bill
into Parliament: 31 October 2007
Introduction of the Bill in Parliament: February 2008
Enactment of the Bill: July 2008
Promulgation of the Bill: November/December 2008
Implementation of the New Companies Act: 1 January 2010
For more information contact:
Tshepo Mongalo
Project Manager: Company Law Review
Consumer and Corporate Regulation Division (CCRD)
Department of Trade and Industry
Tel: 012 394 1503
Fax: 012 394 2503
E-mail: Tshepo@thedti.gov.za
Issued by: Department of Trade and Industry
11 July 2007