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

Chapter IV: Formation, Objects, Capacity, Powers, Names, Registration and Incorporation of Companies

Registration and Incorporation

63. Registration of memorandum and articles

 

 

1) If a memorandum and articles complying with the requirements of this Act are lodged with the Registrar in the manner prescribed, he or she shall upon payment of the prescribed fee, register such memorandum and articles.

 

2) In addition to the prescribed fee referred to in subsection (1) an additional fee shall be payable calculated at the rate of-
a) in the case of a company having a nominal share capital with shares having a par value, a prescribed amount for each thousand rand or part thereof;
b) in the case of a company having shares of no par value, a prescribed amount for each thousand shares or part thereof
c) in the case of a company having both shares of par value and shares of no par value, the aggregate of the amounts calculated on the basis laid down in paragraphs (a) and (b) of this subsection.

 

3) [Subsection (3) deleted by the Corporate Laws Amendment Act No. 24 of 2006]

 

4) Upon the registration of the memorandum and articles of a company the Registrar shall allocate a registration number to the company concerned: Provided that the Registrar may change such registration number in order to rectify duplications of such numbers or to achieve any other objective which it is necessary or expedient to achieve for the proper maintenance of the register of companies.