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South Africa
NATIONAL LEGISLATION OVERVIEWS
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Insolvency Second Amendment Act, No. 69 of 2002

Long title


To amend the Insolvency Act, 1936, so as to require notice of a petition for the sequestration of a debtor's estate to be given to employees of the debtor, registered trade unions representing such employees, the South African Revenue Service and the debtor; to provide for the service of sequestration orders on such employees, trade unions and the South African Revenue Service; to make further provision regarding a debtor's rights to compensation; and so as to effect certain textual corrections; to am end the Companies Act, 1973, so as to require notice of an application for the winding -up of a company to be given to employees of the company, registered trade unions representing such employees, the South African Revenue Service and the company; to provide for the service of winding-up orders on such employees, trade unions, the South African Revenue Service and the company; to make provision regarding a company's rights to compensation; and to provide for matters incidental thereto.

Table of contents

SECTION TITLE
1. Amendment of section 4 of Act 24 of 1936...
2. Amendment of section 9 of Act 24 of 1936...
3. Substitution of section 11 of Act 24 of 1936
4. Substitution of section 15 of Act 24 of 1936
5. Amendment of section 49 of Act 24 of 1936...
6. Amendment of section 99 of Act 24 of 1936...
7. Amendment of section 346 of Act 61 of 1973...
8. Insertion of section 346A in Act 61 of 1973 8 [sic]
9. Amendment of section 347 of Act 61 of 19739 [sic]
10. Short title and commencement

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