The applicant (“applicant”/ “company”) applies to the Companies Tribunal (“Companies Tribunal” / “Tribunal”) in terms of section 72(5)(b) of the Companies Act 71 of 2008 (“Act” / “Companies Act”) read with regulations 43(1)(c) and 43(2)(b) of the regulations in terms of the Companies Act (GNR 351 of 26 April 2011) (“Companies Act regulations” / “regulation/s”) for an exemption from appointing a Social and Ethics Committee (“SEC”).
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