SOUTH AFRICAN POST OFFICE SOC LTD ACT WET OP DIE SUID ...

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Act No. and Year Short Title Extent of amendment or repeal
a public [companies] company
namely, [a postal company to conduct
a postal service and] a telecommunications
company to conduct
a telecommunications service,
which [companies] company shall
bear [names] the name approved
by the Minister, and the issue to
[each] the company of a certificate
to commence business.
[(2) The Minister shall on behalf
of the State sign all documents
that are required to be
signed by the promoters of the
companies.
(3) The Director-General—
(a) shall be appointed as the first
director of each successor
company and shall in that
capacity in respect of each
company sign the documents
which are required to be
signed by a director of the
company for the purpose of
incorporation of the company
and the issue to the
company of a certificate to
commence business;
(b) shall occupy the post of director
of a successor company
until the date immediately
preceding the transfer date
concerned.]
(4) [Each successor] The telecommunications
company—
(a) shall upon incorporation issue
one share with a nominal value
of one rand to the State;
(b) shall in its memorandum of
[association] incorporation inter
alia provide that [that successor]
the telecommunications
company and its subsidiaries—
(i) shall have as its main object
and main business [in
the case of the postal
company to conduct the
postal service and in the
case of the telecommunications
company] to conduct
the telecommunications
service;
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