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Section 152 of The Companies Act No. 17 of 2015: Director to make declaration by notice in writing

    

(1) A director who is required to make a declaration of interest shall give a notice to the other directors.
(2) The director may give the notice in hard copy form or, if the recipient has agreed to receive it in electronic form, in an agreed electronic form.
(3) A notice required by subsection (1) may be given—
(a) by hand or by post; or
(b) if the recipient has agreed to receive such notices by electronic means, by the agreed electronic means.
(4) If a director declares an interest by notice given in accordance with thissection—
(a) the making of the declaration forms part of the proceedings at the next meeting of the directors after the notice is given; and
(b) section 210 applies as if the declaration had been made at that meeting.

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

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