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FAC1601 ASSIGNMENT COMPREHENSIVE EXAMS PACK

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Section A: Companies – Share Capital and Legal Framework 1. What is the primary legislative framework governing companies in South Africa? a) The Companies Act 61 of 1973 b) The Close Corporations Act 69 of 1984 c) The Companies Act 71 of 2008 d) The Income Tax Act 58 of 1962 Rationale: The Companies Act 71 of 2008 is the current legislation

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