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Third Amendment to the Companies Regulation 2012

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Pursuant to the powers vested in the Honourable Minister under the Companies and Allied Matters Act and other powers enabling him in that behalf, the Honourable Minister of Industry, Trade and Investment has approved a Third Amendment to the Companies Regulation 2012 as follows :

REGULATION 3 shall now read as follows:

HOURS OF TRANSACTION OF BUSINESS AND SERVICE DELIVERY PERIOD

3 (a) The  hours of transaction of business with the public shall be from 9am to 7pm in the Head office and such other offices as the Commission may designate.

b) The Commission shall deliver services to customers within a period not exceeding the following :
  •    1) Decision on Request for Name Approval – 12 hours from submission of request.
  •    2) Consent for Restricted Names – 24 hours from submission of duly completed application.
  •    3) Registration of Companies, Business Names and Incorporated Trustees-24 hours from submission of duly completed documents.
  •    4) All Post Registration filings – 24 hours from submission of duly completed documents.

REGULATION 11 (2) shall now read as follows:

SUBMISSION OF ORIGINAL COPIES AFTER  APPROVAL OF  DOCUMENTS DELIVERED BY  ELECTRONIC MEANS

11 (2) Where documents are delivered  for    filing by  electronic means,  the Commission  shall approve  the application without the  necessity of sighting the original  documents  provided all requirements have been  complied with and may require the  original  documents to be delivered  thereafter either  personally or by post.

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