Companies Amendment Act 37 of 1999

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37 of 1999

The Companies Amendment Act 37 of 1999 intends:

  • to amend the Companies Act, 1973 [repealed in May 2011], so as:
    • to provide for a company to  acquire its own shares;
    • to provide for the disclosure of a beneficial  interest in securities;
    • to provide for the mandatory appointment of a  secretary for a public company;
    • to further provide for the disclosure of  directors' emoluments, pension and details in respect of their service  contracts; and
    • to provide for certain penalties; and
  • to provide for matters connected therewith.       

Commencement

30 April 1999

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