Companies Amendment Act 29 of 1985

The Companies Amendment Act 29 of 1985 intends:

• to amend the Companies Act, 1973 [repealed in May 2011], so as
  • to regulate the allocation of registration numbers to companies and the use thereof; 
  • to extend the power to prepare broker's transfer forms; 
  • to provide that certain members or debenture holders of a company may be excluded from a rights offer;
  • to further regulate the granting of loans to and the provision of security for a director or manager of a company;
  • to exempt external companies in specified circumstances from certain requirements in connection with the consent to act as a director or an officer; and
  • to extend the provisions relating to the examination of persons in the winding-up of a company; and
• to provide for matters connected therewith.

Commencement

10 April 1985: unless otherwise indicated