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Thread: Response from CIPRO

  1. #11
    Email problem KimH's Avatar
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    Quote Originally Posted by BusFact View Post
    Its concerning the new act so "members" no longer exist, only directors.
    As a special case, by still being a member of a cc, I guess you would have to realise that the member would be the effective director.
    So do we use the designation Director now rather than Member? Member has always sounded so phallic - no complaints from me if this is the case
    "If at first you don't succeed, do it like your mother told you."

  2. #12
    Gold Member Mark Atkinson's Avatar
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    Quote Originally Posted by KimH View Post
    So do we use the designation Director now rather than Member? Member has always sounded so phallic - no complaints from me if this is the case
    Ha ha - no I'm quite sure you don't, Kim. Your designation would still be a "Member", but in certain situations a "Member" would be an effective director as dictated by certain sections of the Companies Act.

  3. #13
    Email problem KimH's Avatar
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    Damn!
    "If at first you don't succeed, do it like your mother told you."

  4. #14
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    Quote Originally Posted by KimH View Post
    So do we use the designation Director now rather than Member? Member has always sounded so phallic - no complaints from me if this is the case
    You remain as a member of your CC as long as you keep it as a CC. If in future you choose to convert to a company, then you would lose your title.

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