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Introduction to SA law B Com SCM
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Origins of our law South African law is based on Roman-Dutch law but is also influenced by English law
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Sources of our law Legislation Case law Common law Customary law
Academic writings Indigenous law
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Separation of powers Parliament – makes the laws
Executive – implements the laws Judiciary – interprets the laws and settles disputes
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Introduction to Company Law
B. Com 2 SCM
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The Companies Act Companies Act 71 of 2008
Replaced Companies Act of with effect from 1 May 2011 Modernises legislation
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Company documents Memorandum of Incorporation
Replaces Memorandum and Articles of Association
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Company Classification
Profit Company Not for Profit Company
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Company Classification
Not for Profit NPC Profit Public Private State Owned Personal Liability
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