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

Chapter VI: Offering of Shares and Prospectus

Prospectus

148A. Permission to omit information

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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.