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South African Express Act, 2007 (Act No. 34 of 2007)

7. Effect of conversion

 

 

The conversion contemplated in section 6(1) does not affect—

(a) the continued corporate existence of SAX under the Companies Act;
(b) any rights, liabilities or obligations acquired or incurred by SAX before the conversion date;
(c) the terms and conditions of service of any employee of SAX; or
(d) the main objects and powers of SAX as provided for in section 4(1).