Special Investigating Units and Special Tribunals Act, 1996
R 385
Companies Act, 1973 (Act No. 61 of 1973)Chapter X: AuditorsAppointment269B. Minister's powers in respect of audit committees |
1) | The Minister may by publication in the Gazette specify certain categories of companies that are not required to appoint an audit committee in terms of section 269A(1). |
2) | The Minister must be satisfied that little or no benefit would result from the appointment of an audit committee by companies in a category mentioned in subsection (1). |