CORPORATE GOVERNANCE HANDBOOK 2007
CORPORATE GOVERNANCE HANDBOOK 2007
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05 March 2007
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SHOULD DIFFERENT RULES APPLY TO THE TRANSFER OF OWNERSHIP IN CERTIFICATED AND UNCERTIFICATED SECURITIES?
The new Companies Bill, 2007, that was published in February 2007 and is intended to replace the Companies Act, 1973, differentiates between the methods of transfer of ownership of certificated and uncertificated securities. Although this differentiation is necessary for the transfer of membership in a company, there is no reason for such a differentiation where the transfer of ownership is concerned.
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21 February 2007
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RULING UNDER THE SECURITIES REGULATION CODE
When a company is the subject of an "affected transaction",
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24 November 2006
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THE 2006 CORPORATE LAWS AMENDMENT BILL
The Bill was passed by the National Assembly on 19 June 2006 but was again sent to the NCOP for concurrence.
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18 September 2006
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CELL CAPTIVES TAKE OFF IN SOUTH AFRICA
Recently many companies have chosen to “self-insure” by owning a class of shares (or a “cell”) in special purpose vehicle insurance company (cell captives). This a fairly recent trend in South Africa, and while the legal framework in South Africa does not specifically cater for these structures, it is capable of supporting most of them.
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10 July 2006
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