All provisions · Beneficial Ownership Act (Cap. 251B) · Part IV: Miscellaneous provisions
18 Transitional provision
(1) Every legal person and legal arrangement, other than extractive companies, through their resident agent shall comply with the provisions of this Act by such date as the Minister, by notice published in the Gazette, may specify. (Substituted by Act 6 of 2021 and amended by Act 38 of 202, Also refer S.I 87 of 2021)
(2) Every legal person and legal arrangement shall comply with the requirements of the amendment to section 5(1)(a) made under this Act within 24 months from the date of promulgation of this Act. (Inserted by Act 38 of 2022 and amended by Act 28 of 2023)
(3) Every legal person and legal arrangement shall comply with the requirements of the amendment to section 5(1)(e) made under this Act within 12 months from the date of promulgation of this Act. (Inserted by Act 38 of 2022)
(2) Every legal person and legal arrangement shall comply with the requirements of the amendment to section 5(1)(a) made under this Act within 24 months from the date of promulgation of this Act. (Inserted by Act 38 of 2022 and amended by Act 28 of 2023)
(3) Every legal person and legal arrangement shall comply with the requirements of the amendment to section 5(1)(e) made under this Act within 12 months from the date of promulgation of this Act. (Inserted by Act 38 of 2022)
Official source: Beneficial Ownership Act (Cap. 251B), Act 4 of 2020, Revised Edition as at 31 May 2024 (Acts 4 of 2020, 6 of 2021, 26 of 2021, 38 of 2022, 28 of 2023); Act 18 of 2025 worked in by us
