131 empower vulnerable groups Develop compliance monitoring mechanisms number of companies registered since the implementation of the Act relation to the formalisation of corporate entities, and the enabling of a supportive environment for efficient growth of well-governed, credible businesses. By creating a single regulatory regime for all businesses, the Act eases the regulatory burden and streamlines company registration – a process which promotes the growth of small business Continuous The Companies Act also set up the Companies Tribunal, Takeover Regulation Panel, Financial Reporting Standards Council and the Companies and Intellectual Property Commission to promote, implement and monitor the implementation of provisions of the Act. The Companies Tribunal, which will adjudicate disputes between companies Monitoring institutions – National Consumer Council, National Consumer Tribunal, Companies 131 In order to ensure improvement in legislative implementation, government has

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