Section 123 of The Companies Act No. 17 of 2015: Members of a director’s family

    

For the purposes of this Part, a person is member of a director's family if the person is—
(a) the director's spouse;
(b) a child or step-child of the director;
(c) a child or step-child of the director's spouse who lives with the director and has not reached eighteen years of age;
(d) a parent of the director;
(e) a brother or sister of the director;
(f) a brother or sister of the spouse of the director;
(g) a grandchild of the director; or
(h) a spouse of any of the persons specified in paragraphs (b), (e), (f) and (g).


Disclaimer: This document is not to be taken as legal advise.

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