Share Blocks Control Amendment Act 15 of 1984

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15 of 1984

Share Blocks Control Amendment Act, 1984 (No. 15 of 1984)

GENERAL EXPLANATORY NOTE:
__ Words underlined with·solid line indicate insertions in existing enactments.

Act

  • to amend the Share Blocks Control Act, 1980, so as to authorize the Registrar of Companies to extend the period within which certain reports are to be transmitted to him.

(English text signed by the State President.)
(Assented to 22 February 1984.)

BE IT ENACTED by the State President and the House of Assembly of the Republic of South Africa, as follows:-

Amendment of section 15 of Act 59 of 1980.

1. Section 15 of the Share Blocks Control Act, 1980, is hereby amended by the substitution for subsection (6) of the following subsection: 

"(6) Any auditor who has carried out an audit contemplated in subsection (5) (b), shall within six months from the end of the relevant financial year of the company or within such further period as the Registrar may approve before the expiry of the said period of six months on application in the prescribed form and on payment of the prescribed fee, transmit a report in the prescribed form in respect of his findings to the Registrar and a copy thereof to the company.".

Short title.

2. This Act shall be called the Share Blocks Control Amendment Act, 1984.

Commencement

7 March 1984

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