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Act 5 of 2006
Gazetted and into operation on 1st September, 2006.
ACT
To amend the Companies Act [Chapter 24:03].
ENACTED by the President and the Parliament of Zimbabwe.
1
Short title
This Act may be cited as the Companies Amendment Act, 2006.
2
Amendment of section 8 of Cap. 24:03
Section 8 ("Memorandum of company") (3) of the Companies Act [Chapter 24:03] (hereinafter
called the "principal Act") is amended by the insertion of the following proviso"Provided that where the subscriber is(a)
a company, association, syndicate or other corporate body, a director of the company or
the authorised representative of any other corporate body; or
(b)
a partnership, one of the partners; or
(c)
a minor, the guardian;
as the case may be, shall indicate in their handwriting the number of shares taken.".
3
Amendment of section 14 of Cap. 24:03
Section 14 ("Signing of memorandum") of the principal Act is amended by the insertion of the
following proviso"Provided that where the subscriber is(a)
a company, association, syndicate or other corporate body, a director of the company or
the authorised representative of any other corporate body; or
(b)
a partnership, one of the partners; or
(c)
a minor, the guardian;
as the case may be, shall sign the memorandum.".
4
Amendment of section 187 of Cap. 24:03
Section 187 ("Registration of directors and secretaries") of the principal Act is amended(a) by the insertion of the following subsection before subsection (1)"(a1) In this section-1-