New companies act - effective 01 May 2011?

[Johann D Landsberg]

Yes, it seems that the new companies act came into effect on 1 May 2011. You can look at the following articles: http://www.businessday.co.za/article...aspx?id=138690 or http://www.michalsons.co.za/companie...FQlspAod6UPlpA and http://www.iol.co.za/business/busine...-era-1.1059725.

[BusFact]

Yes, it seems that the new companies act came into effect on 1 May 2011. You can look at the following articles: http://www.businessday.co.za/article...aspx?id=138690 or http://www.michalsons.co.za/companie...FQlspAod6UPlpA and http://www.iol.co.za/business/busine...-era-1.1059725.

Reading those articles, they are all about the [bold] expected [/bold] implementation of the act, but nothing refers to it already having come into force. The one article is dated 20 April and the other is dated 31/3 and refers to the previous implementation date of 1st April - which never happened, but was instead postponed.

I would have thought something like this would be fairly big news - either a further delay or an eventual implementation.