Various amendments to the Companies Act were introduced after the Companies Amendment Act 2024, No. 16 and the Companies Act Second Amendment 2024, No. 17 were ascended into law on 25 July 2024. Below is a high-level summary of all changes made with our pertinent observations available in each section when selected.
In December 2024, President Cyril Ramaphosa made a proclamation in the Gazette, bringing into effect many of the amendments introduced to the Companies Act. The remainder of the amendments will also come into operation once further proclamation is published in the gazette.
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