juris

Section 20A: Temporary measures during COVID-19 period

Companies Act

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”.

Ask juris about this section Official source

Questions this section answers