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If found guilty of serious misconduct, gross abuse of position, gross negligence, wilful misconduct or a breach of trust, a director can be declared delinquent by the court. If declared delinquent, an order will ban a person from holding a director position for at least seven years, or for life in serious cases. [citation needed]
The first South African company legislation was the Companies Act [3] of 1926, which was based on the Transvaal Companies Act, [4] which was in turn based on the British Companies (Consolidation) Act 1908. The next major South African legislation in this area was the Companies Act [5] of 1973, which remained in force until 31 April 2011.
Gatenby v Gatenby and Others [1] is an important case in South African law, heard in the Eastern Cape Division by Jones J on March 28 and April 9, 1996, with judgment handed down on April 23. IJ Smuts appeared for the applicant, and MJ Lowe for the respondents.
Act no. Short title 1: National Public Health Institute of South Africa Act, 2020: 2: Border Management Authority Act, 2020: 3: National Minimum Wage Amendment Act, 2020: 4: Division of Revenue Act, 2020: 6: Defence Amendment Act, 2020: 7: Appropriation Act, 2020: 8: Civil Union Amendment Act, 2020: 9: Science and Technology Laws Amendment Act ...
Basic Conditions of Employment Amendment Act, 2013: 21: Africa Institute of South Africa Act Repeal Act, 2013: 22: Banks Amendment Act, 2013: 23: Rates and Monetary Amounts and Amendment of Revenue Laws Act, 2013: 24: Merchant Shipping (International Oil Pollution Compensation Fund) Act, 2013: 25: Merchant Shipping (Civil Liability Convention ...
South Africa's nine provinces each produce a number of statutes a year, in areas for which they have either concurrent, or exclusive, legislative competence under section 104 of the Constitution of the Republic of South Africa Act, 1996. (See Schedule 4 of the Constitution for a list of the functions areas in respect of which a province may ...
Part Appropriation Act, 1956: 9: South Africa Act Amendment Act, 1956: 10: Official Languages (Local Authorities) Amendment Act, 1956: 11: Atomic Energy Amendment Act, 1956: 12: Unauthorized Expenditure (1954–1955) Act, 1956: 13: Animal Diseases and Parasites Act, 1956: 14: Railways and Harbours Unauthorized Expenditure Act, 1956: 15
Second Small Business Tax Amnesty and Amendment of Taxation Laws Act, 2006: 11: 2010 FIFA World Cup South Africa Special Measures Act, 2006: 12: Second 2010 FIFA World Cup South Africa Special Measures Act, 2006: 13: Older Persons Act, 2006: 14: Adjustments Appropriation Act, 2006: 15: Carriage by Air Amendment Act, 2006: 16