Status: Granted
This is an application for an exemption from the requirement to appoint a Social end Ethics Committee in terms of s 72 (5) of the Companies Act 71 of 2008. The applicant is a public company duly registered and incorporated in terms of the laws of the Republic of South Africa. The applicant was incorporated as a special purpose vehicle with the sole purpose of issuing term notes and a Residential Mortgage Back Securities Program Furthermore it is required to administer this program, commonly referred to as securitization scheme and it is registered with the Johannesburg Stock Exchange (JSE).
Decision Details
Decision Date:
2 February 2024
Decision Parties:
FOX Street 7 (RF) Ltd
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