Companies Amendment Act Changes Now Effective: Key Remuneration and Governance Implications

2026-07-01T19:10:18+02:00

Companies Amendment Act Changes Now Effective: Key Remuneration and Governance Implications On 22 May 2026, sections 5, 6 and 19 of the Companies Amendment Act 16 of 2024 came into operation following the publication of a Presidential Proclamation in Government Gazette 54722. These provisions introduce significant amendments to the Companies Act 71 of 2008, particularly in relation to remuneration disclosures, shareholder oversight of remuneration practices, and alternative dispute resolution mechanisms. Importantly, the amendments became effective immediately, without any formal transitional period. The commencement of these provisions has created a number of practical challenges for [...]

Companies Amendment Act Changes Now Effective: Key Remuneration and Governance Implications2026-07-01T19:10:18+02:00

Effective date of sections 30m 30A and 30B of the Companies Act

2026-06-25T14:57:05+02:00

LATEST UPDATE Effective date of sections 30m 30A and 30B of the Companies Act Sections 5, 6 and 19 of the Companies Amendment Act 16 of 2024 are now effective from 22 May 2026. Key changes include: Section 30, which requires AFS disclosure of remuneration and benefits received by each individually named director and prescribed officer Section 30A, which requires all public companies and state-owned companies to prepare and present a Remuneration Policy for approval at the AGM Section 30B, which requires public companies and state-owned companies to prepare a remuneration report for the preceding [...]

Effective date of sections 30m 30A and 30B of the Companies Act2026-06-25T14:57:05+02:00
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