by MDACC | Sep 12, 2023 | CoSec Blog
“One of the many purposes of the Companies Act, 71 of 2008 (hereinafter referred to as “the Act”) is to provide for a predictable and effective environment for the efficient regulation of companies and other juristic persons, as described in section 7 of the...
by MDACC | Aug 7, 2023 | CoSec Blog
The Companies and Intellectual Property Commission (CIPC) is to keep a register of beneficial ownership (BO) for companies and close corporations that will serve as a repository of natural persons who own or exercise control over legal entities registered with the...
by MDACC | Jun 23, 2023 | CoSec Blog
The Information Regulator published a notice on 7 May 2023, inviting all private bodies to submit a report by Friday, 30 June 2023, detailing requests for access to the records of these private bodies. This applies to: Natural persons who are/have previously carried...
by MDACC | Jun 13, 2023 | CoSec Blog
Many trust deeds provide for ‘majority rule’ that if a decision is made by the majority of trustees and a resolution authorising the same is signed by the majority of trustees, the decision and accompanying resolution are valid. In May 2023 this was changed when the...
by MDACC | May 17, 2023 | CoSec Blog
As you may be aware, a new reporting obligation for Trustees was gazetted on 31 March 2023, which amended the Trust Property Control Act, Act 57 of 1998 (TPCA). This means that with effect from 1 April 2023, Trustees are obligated to lodge and keep up-to-date records...
by MDACC | Dec 1, 2022 | CoSec Blog
Smart farming: IoT and your farming equipment Combined Agriculture, Aquaculture & Fishing, and Technology, Media & Telecommunications Alert – 30 November 2022 “The Internet of Things (IoT) is a term used to describe the connecting of physical...
