COMPANY ABUSES
BILL IN SOUTH AFRICA PROTECTING THE PUBLIC. Received Feb. 21, 5.5 p.m. CAPETOWN, Feb. 20. The Ministei* of Justice (General Smuts) introduced the Companies Act in the House of Assembly. The Bill aims to prevent abuses of company administration and exploitation of the public. Share-hawking will be strictly prohibited, also the purchase of a person's own shares directly or through a subsidiary. Fines will be imposed for false statements. Prospectus accounts must disclose loans and remuneration paid to directors, who must disclose changes in their names and nationality.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WC19390222.2.43
Bibliographic details
Ngā taipitopito pukapuka
Wanganui Chronicle, Volume 83, Issue 44, 22 February 1939, Page 7
Word count
Tapeke kupu
90COMPANY ABUSES Wanganui Chronicle, Volume 83, Issue 44, 22 February 1939, Page 7
Using this item
Te whakamahi i tēnei tūemi
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in