Section 154 of The Companies Act No. 17 of 2015: Declaration of interest in case of company with sole director
(1) If a declaration of interest under section 151 is required of a sole director ofa company that is required to have more than one director— (a) the company shall record the declaration in writing;
(b) the making of the declaration forms part of the proceedings at the next meeting of the directors after the notice is given; and
(c) section 210 applies as if the declaration had been made at that meeting.
(2) This section does not affect the operation of section 193.
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