Chapter 2: Formation, Administration and Dissolution of Companies
Part B: Incorporation and legal status of companies
R16: Rules of a company
- (1) Rules of a company contemplated in section 15 (3) must be filed with Form CoR 16.1 within 10 business days after being published by the company in terms of section 15 (3)(a).
- (2) Within 10 business days after any rules of a company have been put to a ratification vote in terms of section 15 (4), the company must file a Notice in Form CoR 16.2 indicating whether the rules have been ratified or rejected.
- (3) Within 10 business days after any rules of a company have been amended, altered or repealed the company must file a Notice in Form CoR 16.1 indicating clearly the extent and effect of the change.
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