The Companies Amendment Act 2024 and Second Companies Amendment Act 2024


Date: Feb 27, 2025 - Feb 27, 2025

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Edith Wilkins
Director

The Companies Second Amendment Act, 17 of 2024 and selected provisions of the Companies Amendment Act, 16 of 2024 came into effect on 27 December 2024.

Overview 

The Companies Second Amendment Act, 17 of 2024 and selected provisions of the Companies Amendment Act, 16 of 2024 came into effect on 27 December 2024. Key amendments include:   

  • Memorandum of Incorporation (MOI) changes. 

  • Requirements for providing financial assistances to subsidiaries. 

  • The appointment of Social and Ethics Committees. 

  • Matters around auditor appointments. 

The amendments have significant implications for businesses, stakeholders and professionals engaging with the Companies and Intellectual Property Commission (CIPC). 

We invite you to join Edith Wilkins on 27 February 2025, from 10h00 to 12h00 for an in-depth discussion on these legislative changes, their practical impact and how to ensure compliance in an evolving corporate landscape.    


Learning objectives 

By attending this webinar you will gain the following competencies and knowledge: 

  • Identify the key provisions amended in the Companies Amendment Act, 16 of 2024 and the Companies Second Amendment Act, 17 of 2024.  

  • Review the specific provisions that came into force and their immediate implications for businesses.  

  • Understand how these changes affect corporate governance, financial reporting and compliance requirements for companies and stakeholders.  

  • Know the legislative intent behind the amendments, including enhancing transparency, improving corporate governance and reducing regulatory burdens.  

  • Gain clarity on recent CIPC notices, directives and compliance requirements that influence company filings, annual returns and other regulatory interactions.  


Content 

The webinar will cover the following topics: 

  • Objectives, purpose and function of the Act. 

    • Objectives of the Act. 

    • Purpose. 

    • Core functions and applications of the Act. 

  • Effective sections in the Companies Amendment Act. 

    • Detailed review.  

    • Implications of these changes.    

  • The Companies Second Amendment Act of 2024. 

    • Key updates introduced. 

    • Relevance and impact of these updates.  

  • Notices issued by the CIPC.  

    • Overview of critical notices. 

    • Impact of these notices.  


About the presenter 

Edith Wilkins 

Edith Wilkins has been in the Company statutory services environment since the beginning of her career in 1990 and gained knowledge and understanding of the Companies Act and related legislation throughout the years. She obtained a Certificate in Advanced Corporate Law at the Tshwane University of Technology in 1999; a Certificate in Advanced Corporate and Securities Law from UNISA in 2013 and a Certificate in The Introduction to Corporate Governance from UNISA in 2018. She is also the holder of certificates from the University of Cape Town in Corporate Due Diligence and  Corporate Governance.   

Edith is the sole director of a company called Sekretari. Her team performs all duties relating to company secretarial services, including drafting agendas and minutes of meetings, preparing board packs, attending meetings and liaising with the CIPC on a daily basis 


Who should attend? 

The following persons will benefit from attending this webinar: 

  • Advocates. 

  • Attorneys. 

  • Estates administrators. 

  • Corporate Legal Professionals. 

  • Legal Academic. 

  • Candidate attorneys. 

  • Law Students. 

  • Paralegals. 


Price 

  • R 450.00 - Online admission - Individual.  

  • Group Price 1 - From R337 per person (up to 5 users)  

  • Group Price 2 - From R260 per person (up to 10 users)  

  • Group Price 3 - From R224 per person (over 11 users) 

 

Steps to register for the event:  

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If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here  to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here  to find out about the Technical Resource Centre & CPD Subscription options. 


Additional material 

By attending this webinar you will be provided with: 

  • A summarised slide presentation. 

  • Reference documents and/ or course material where available. 

  • You can ask questions during the webinar and you will also have access to the presenter after the webinar. 


About SA Legal Academy 

Welcome to SA Legal Academy (SALA), a provider of courses to help you succeed in your chosen career. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Our courses are designed to ensure that you reach your professional goals and enhance your career prospects. With our experienced training staff and comprehensive resources, you can be confident that you will receive the highest quality of training from SA Legal Academy. 

SALA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses. 


Corporate Training Solutions 

At SALA, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in legal and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience. 

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios. 

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 012 941 0448. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals. 


Contact Us For More Information 

Have any questions or need any assistance? Contact us today!  

  • Online chat through our website.  

  • Phone: +27 (0) 12 941 0448  

  • E-mail: [email protected] 

 

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