Companies Act, 1973 (Act No. 61 of 1973)

Chapter VI: Offering of Shares and Prospectus

Purchase

1)	The Registrar may, on application, allow information required under section 148 to be omitted from the prospectus, if the Registrar is satisfied that-

a)	publication of the information would be unnecessarily burdensome for the applicant, seriously detrimental to a company mentioned in section 148(1)(a) or against the public interest; and

b)	users will not be unduly prejudiced by the omission.

2)	An application under subsection (1) shall be in writing and accompanied by the prescribed fee.