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CIPC: Unauthorised use of CIPC name, abbreviation and logo
- 27 June 2023
- Accounting
- South African Accounting Academy
Therefore, the use of any of these elements may only be made with the express written authorisation of CIPC. Unauthorised use constitutes a criminal offense in respect of which a fine is payable. This includes:
- the use of the words COMPANIES AND INTELLECTUAL PROPERTY COMMISSION and/or the abbreviation CIPC, in e-mail addresses, on websites, documentation, marketing material or any other material; and
- the use of the CIPC logo on any websites, documentation, marketing material or any other material.
Customers that are using these elements are requested to change their e-mail addresses, website domain names, and remove all elements from their websites, documentation or other material with IMMEDIATE EFFECT. Failure to comply will result in CIPC commencing criminal and/or other legal proceedings against such person(s), in order to protect its intellectual property.
Click here to download the Notice:
https://www.cipc.co.za/wp-content/uploads/2023/06/Notice_Unauthorised-Use-of-CIPC-Name_2023.pdf
Relevance to Auditors, Independent Reviewers & Accountants:
- The Companies Act is yet another piece of legislation that your clients must comply with, and which you must assess compliance with. If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
- As an auditor, independent reviewer and accountant, you also need to monitor your client’s compliance with the Companies Act and all relevant notices/enforcements/practice notes issued by CIPC as the regulator.
- Where you perform these compliance tasks on behalf of your client, you need to ensure that you comply with all relevant notices/enforcements/practice notes issued by CIPC as the regulator.
Relevance to Your clients:
- An entity (company or close corporation) has a duty to comply with the Companies Act, and all relevant notices/enforcements/practice notes issued by CIPC as the regulator.
To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update
Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more:
https://cpd.accountingacademy.co.za.