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Disclosure of convictions requires declaration of past convictions and proclaimed-offender status by company subscribers and appointed directors. The amendment inserts mandatory declarations and verifications into Annexure 'A' forms: Form No.1 must collect subscriber confirmation and details of convictions involving moral turpitude, economic or criminal offences or offences related to company promotion/management, and a declaration that the subscriber is not declared a proclaimed offender; Form No.32 must include verification that appointed directors have declared they are not proclaimed offenders.
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Disclosure of convictions requires declaration of past convictions and proclaimed-offender status by company subscribers and appointed directors.
The amendment inserts mandatory declarations and verifications into Annexure 'A' forms: Form No.1 must collect subscriber confirmation and details of convictions involving moral turpitude, economic or criminal offences or offences related to company promotion/management, and a declaration that the subscriber is not declared a proclaimed offender; Form No.32 must include verification that appointed directors have declared they are not proclaimed offenders.
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