African
Union
Public Company
Partnership
Usually
Professional
NGO‟s
(ii)
Articles and
Memorandum of
Association
2-50 partners,
registration with
professional body
e.g. accountant,
surveyors, Law
Society
Partnership Act,
Company or
Company Limited
by Guarantee
Unlimited Liability
Partnership
Limited
Partnership
Limited Liability
Partnership
NGO Act
Assess the efficiency and effectiveness of the regulatory framework with reference to:
(a) The procedures to be followed in registering/incorporation, licensing and deregistering of the
organizations listed above, while making any distinctions as applicable between sectors.
(b) The registration of property (land, intellectual property etc.)
(c) The protection of investors.
(d) Contract enforcement mechanisms.
(e) The judiciary and regulatory agencies resolving commercial or business disputes and
prosecuting corporate infringement.
Issues to be addressed in this section include access to courts, the time taken to dispose of legal
disputes, case backlogs and measures taken to address the problem such as specialized divisions of the
court e.g. existence of a commercial court, alternative dispute resolution mechanisms and the
efficiency of agencies that regulate business such as the companies registrar, registrar of patents etc.
(iii)
Provide details of the number of days it takes to do (ii) (a) to (e) above in the format provided
below.
Activity
Performance – number of days
Formation of different categories of
organisations
Deregistration of different categories of
business
Registering property
Resolve commercial disputes
Obtaining licenses permits etc
(iv)
Provide a brief on available alternative dispute resolution mechanisms.
(v)
List and provide a brief on the roles of any supervisory/ regulatory authorities that have
oversight over the organizations listed in (i) above.
(vi)
If a stock exchange exists, provide a brief on the period the exchange has been in existence,
categories of companies listed on the exchange (whether local, or foreign and the sectors e.g.
mining, infrastructure, service sector, financial sector etc) as well as market capitalization and
trading infrastructure used on the exchange.
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