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COMPANIES ACT: THREE MORE 2024 AMENDMENTS NOW IN FORCE
- 22 May 2026
- Company Law
- SA Legal Academy
Sections 5, 6 and 19 of the 2024 Companies Amendment Act came into effect on 22 May 2026 by presidential proclamation in the Government Gazette.
Section 5 (amending section 30 of the 2008 principal statute, dealing with annual financial statements) requires the naming of directors and prescribed officers.
Section 6 (inserting sections 30A and 30B into the principal statute) makes the preparation of a company remuneration policy mandatory, along with related reporting.
Section 19 (amending section 166 of the principal statute, dealing with alternative dispute resolution) makes the Companies Tribunal responsible for certain prescribed processes.
This is noting that several sections of the amendment Act came into force in December 2024, as SA Legal Academy reported at the time.
- presidential proclamation
- 2024 amendment Act
- 2008 Act, updated (SAFLII) but not reflecting the 2024 amending sections now in force
- December 2024 SA Legal Academy report
Published by SA Legal Academy Policy Watch
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