Section 785 of The Companies Act No. 17 of 2015: Interpretation: Part XXX

    

(1) In this Part—
(a) a reference to an officer or agent includes a former officer or agent;
(b) "agent", in relation to a company or other body corporate, includes a banker or advocate of the company or other body corporate, and any person employed by the company or other body corporate as an auditor, whether the person is or is not an officer of the company or other body corporate;
(c) "member" (of a company) includes any person who is not a member of the company but to whom shares in the company have been transferred or transmitted by operation of law;
(d) "securities", in relation to a company, means shares or debentures of the company or any other securities of a class prescribed by the regulations for the purposes of this Part.
(2) For the purposes of this Part, a company whose affairs are under investigation under this Part is related to another body corporate if—
(a) it is, or has at any relevant time been, the company's subsidiary or holding company; or
(b) it is a subsidiary of its holding company or a holding company of its subsidiary.


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

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