/ 11 November 2010

Call For Public Comment

HAVE YOUR SAY
CALL FOR PUBLIC COMMENT
PUBLIC HEARINGS ON THE COMPANIES AMENDMENT BILL
[B40 – 2010]

The Portfolio Committee on Trade and Industry will hold public hearings on the Companies
Amendment Bill.
Interested individuals and organisations are invited to submit written comments on the Companies Amendment Bill.

The purpose of the Bill is to:

  • Amend the Companies Act, 2008, so as to effect certain legal-technical and grammatical
    amendments in order to ensure the proper application and administration of the principal
  • Correct certain errors resulting in inconsistency and ambiguity in the principal Act;
  • Establish a proper foundation for certain necessary regulations;
  • Continue the mechanisms established under section 335 of the Companies Act, 1973,
  • which allow for the transfer of registration of foreign companies to the jurisdiction of the
    Republic; and

  • Provide for matters connected therewith.

Interested individuals and interest groups wishing to comment are kindly requested to
forward written submissions to the Committee by no later than Friday, 26 November
2010. Public hearings have been scheduled for Tuesday 30 November and Wednesday
1 December 2010.

Members of the public and stakeholders, who wish to obtain copies of the legislation, may
contact the nearest Government Printers or contact the Committee Secretary on the contact
numbers indicated below:

All correspondence should be addressed to Ms J Fubbs, Chairperson: PC on Trade and
Industry and marked for the attention of Mr A Hermans, Box 15, Parliament, Cape Town
8000.

Enquiries may be directed to Mr A Hermans at 021 403-3776, fax no: 086 652 7753 or via e-mail: [email protected]

Issued by: Ms J Fubbs, Chairperson of the Portfolio Committee of Trade and Industry
(National Assembly)

Parliament. Making Democracy Work.