Section 20A: Temporary measures during COVID-19 period
This section is inserted by Act No 1 of 2020, section 7.
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
20A. Temporary measures during COVID-19 period
(1) The Registrar may, during the COVID-19 period
and such further period, as the Registrar may determine, after
the COVID- 19 period lapses, issue such Practice Directions,
guidelines or such other instructions as may be necessary for
the proper administration of this Act.
(2) Any Practice Direction, guideline or other
instruction issued under subsection (1) shall be published
in the Gazette and shall remain in force unless amended or
revoked by publication in the Gazette.
(b) in section 115 –
(i) in subsection (1), by repealing paragraph (b) and
replacing it by the following paragraph –
(b) after the balance sheet date of the
company not later than 9 months,
or not later than such further
period as the Registrar may, after
the COVID-19 period lapses,
determine; and
8 Acts 2020
(ii) by inserting, after subsection (1), the following new
subsection –
(1A) (a) Subsection (1)(a) and (c) shall not
apply during the COVID-19 period and such further
period, as the Registrar may determine, after the
COVID-19 period lapses.
(b) The Registrar may issue such
Practice Directions as may be necessary to determine
the manner in which a meeting is to be held during
the COVID-19 period and such further period, as the
Registrar may determine, after the COVID-19 period
lapses.
(c) in section 162, by adding the following new subsection –
(5) This section shall not apply during the
COVID-19 period and such further period, as the Registrar
may determine, after the COVID-19 period lapses.
(d) in section 210, in subsection (1), by deleting the words
“6 months” and replacing them by the words “9 months or
such further period, as the Registrar may determine, after the
COVID-19 period lapses”;
(e) in section 215, in subsection (1), by deleting the words
“28 days” and replacing them by the words “3 months or
such further period, as the Registrar may determine, after the
COVID-19 period lapses”.
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Questions this section answers
- Can the Registrar of Companies issue guidance to help companies cope with the COVID-19 period?
- Did my company's deadline to submit its balance sheet move to 9 months because of COVID-19?
- Can my company hold its meetings differently during the COVID-19 period under Registrar rules?
- Did the notice period under section 215 change from 28 days to 3 months during COVID-19?