To provide for the constitution, incorporation, registration, management and internal administration of companies and winding up of companies and private business corporations; to enable the voluntary registration of other business entities; to ensure the removal of defunct companies and private business corporations by re-registering all existing companies and private business corporations; to repeal the Companies Act [Chapter 24:03] and the Private Business Corporations Act [Chapter 24:11]; and to provide for matters connected therewith or incidental thereto.
ENACTED by the Parliament and the President of Zimbabwe
Preliminary, Administration and Common Provisions
1 Short title and date of commencement
This Act may be cited as the Companies and Other Business EntitiesAct [Chapter 24:31], and shall commence on the ninetieth day after the date of its promulgation.
(1) In this Act—
“accounting officer” means a person chosen by the members of a private business corporation to do the tasks specified in Chapter IV Part I;