How Does The Act Decriminalise Company Law

The Act decriminalises company law. There are very few remaining offences such as the falsification of records, publishing of false information, refusal to respond to a summons and similar matters, which relate to the administration of justice in terms of the Act.
Any such offences must be referred by the Commission to the National Public Prosecutor for trial, in the
Magistrate’s Court. The Act generally uses a system of administrative enforcement in place of criminal sanctions to ensure compliance with the Act. The Commission or Panel, may receive complaints from any stakeholder, or may initiate a complaint itself, or act in the manner directed by the Minister.
Following the investigation of a complaint, the Commissioner Panel may do one or