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CIPC Guidance Note 2 of 2020: Director quick reference guide
- 10 September 2020
- Accounting
- South African Accounting Academy
The central message of this Guide, which is divided into 10 basic markers, is that a director of a company when acting in that capacity: -
- must not cause harm to the company;
- must always act in the best interests of the company; and
- must ensure that there is no conflict of interest between the director and the company. [section (s.) 75, 76 (2) (a) (ii) and 76 (3)(b) of the Companies Act].
Click here to download the 5-page document:
http://www.cipc.co.za/files/1515/9721/7217/Guidance_Note_2_of_2020_11_08_2020_signed.pdf
SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more: https://cpd.accountingacademy.co.za/
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