Companies Amendment Act 83 of 1981

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83 of 1981

The Companies Amendment Act 83 of 1981 intends:

  • to amend tbe Companies Act, 1973, so as
  • to substitute an obsolete appellation;
  • to extend the powers and duties of the Registrar of Companies;
  • to delete a reference to the Senate;
  • to empower the Registrar under certain circumstances to incorporate a branch of a foreign company or association not for gain as a company limited by guarantee;
  • to make provision for the reservation, registration, use, change and dereglstration of a shortened form of the translated name of a company;
    • furtber to circumscribe the formal requirements for debentures and debenture certificates;
    • further to regulate tbe evidential value of debentures;
    • further to circumscribe the particulars to be shown in a company's register of debenture-holden;
  • to oblige any person giving written consent to his appointment as auditor of a company to make use or a prescribed form for the purpose;
  • to oblige any auditor of a company to give notice on a prescribed form to the company concerned of a change in the particulars which are to be entered in respect of him in the company's register of directors and officers;
  • to make provision that a company shall lodge returns with the Registrar with regard to the entry In its register of directors and officers of particulars pertanlng to Its auditor;
  • to alter tbe requirements for the voluntary winding-up of a company by members and for such a winding-up by creditors;
  • to redetermine the time at which the voluntary winding-up of a company shall commence;
  • to adjust aceordingly tbe time at which certain consequences of the commencement of such a wlnding-up shall set in;
  • to make further provision as to the transmission or lodging of certain documents In connection witb the voluntary winding-up of a company to or with certain officers or registrars; and
  • to effect certain textual improvements; and
  • to provide for matters connected therewith.

Commencement

  • 1 December 1981, Sections 6 to 12 , 15 and 16 
  • 21 October 1981, All sections except Sections 6 to 12, 15 and 16

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