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Recent amendments to the Companies Act: a quick reference guide – January 2025


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Recent amendments to the Companies Act: a quick reference guide – January 2025

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Recent amendments to the Companies Act: a quick reference guide – January 2025

Werksmans

31st January 2025

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Certain provisions of the Companies Amendment Act No 16 of 2024 ("Companies Amendment Act") and the whole of the Companies Second Amendment Act No 17 of 2024 came into force on 27 December 2024. Set out below is a quick reference guide to noteworthy amendments to the Companies Act No 71 of 2008 ("Companies Act") that are now in operation.

We note that the Companies Regulations have not, as yet, been updated to take into account the amendments referred to below. This, together with the partial implementation of the Companies Act amendments, has resulted in certain inconsistencies in the legislation. We do not address these inconsistencies in this reference guide.

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Written by Cari Cole-Morgan, Director and Julian van Niekerk, Director; Werksmans

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