Section 344: Provisions of Insolvency Act not applicable to company holding Global
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.
344. Provisions of Insolvency Act not applicable to company holding Global
Business Licence or Authorised Company
Sections 133 and 134 of the Insolvency Act shall not apply to a company
holding a Global Business Licence or an Authorised Company.
[S. 344 amended by s. 13 (t) of Act 11 of 2018 w.e.f. 1 October 2018.]
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Questions this section answers
- Do certain Insolvency Act rules not apply to a company holding a Global Business Licence?