Chapter 8: Regulatory Agencies and Administration of Act
Part B: Companies Tribunal

s193: Establishment of Companies Tribunal

  • (1) There is hereby established a juristic person to be known as the Companies Tribunal, which:
    • (a) has jurisdiction throughout the Republic;
      • (b) is independent, and subject only to the Constitution and the law;
        • (c) must exercise its functions in accordance with this Act; and
          • (d) must perform its functions impartially and without fear, favour, or prejudice, and in as transparent a manner as is appropriate having regard to the nature of the specific function.
          • (2) Each organ of state must assist the Companies Tribunal to maintain its independence and impartiality, and to perform its functions effectively.
            • (3) In carrying out its functions, the Companies Tribunal may:
              • (a) have regard to international developments in the field of company law; or
                • (b) consult any person, organisation or institution with regard to any matter.
                • (4) The Companies Tribunal consists of a chairperson and not less than 10 other women or men appointed by the Minister, on a full or part-time basis.

                  Related Sections

                  s195: Functions of Companies Tribunal
                  s205: Qualifications for membership
                  s206: Conflicting interests of agency members
                  s207: Resignation, removal from office and vacancies

                  Related Regulations

                  No related regulations.

                  Related Notes

                  No related note.

                  Related Forms

                  No related forms.