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Posted on 30 May 2017
Case number: CT009DEC2015
Case type: Exemptions
Decisions Status: Granted

This application is grounded on section 72(5)(b) of the Companies Act 71 of 2008 (the Companies Act). Section 72(5), applied in conjunction with regulation 43 of the Companies Regulations, 2011 (Company Regulations), provides for the appointment of a social and ethics committee (an SEC). The same provisions cater for exemptions from this requirement. Among others, a company may be exempted from the requirement to appoint an SEC on public interest considerations based on the nature and extent of its activities.

Decisions and Orders

Date of Decision: 11 Feb 2016

Decisions Status: Granted

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