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The role of a company secretary is complex and diverse. The Company Secretary is not only responsible for the Company’s compliance with the law and best practices, but must be the source of governance knowledge and advice in ensuring that the company maintains the highest standards of corporate governance . Besides the regulatory skills, the undermentioned spheres of knowledge, experience and competencies are required:
The Companies Act 71 of 2008 (“Companies Act”) and regulates the requirements of a Company Secretary and sets out the legal duties and responsibilities of this role.
A company secretary’s duties include, but are not restricted to:
The JSE Listings Requirements (“JSELR”) , paragraph 3.84, regulates the requirements of a Listed Company Secretary and sets out the legal duties and responsibilities of this role.
Kindly note that The King IV™ Report on Corporate Governance for South Africa 2016, Copyright and trademarks are owned by the Institute of Directors in Southern Africa” and the IoDSA website link is: http://www.iodsa.co.za/?page=AboutKingIV™