ACCREDITATION OF BUSINESS RESCUE PRACTITIONERS
Registration closed 25 January 2013.
The course is a joint initiative between the Law Society of South Africa and the University of South Africa. The course will be conducted online and there will be no classes.
Providing there is enough interest, a workshop will be held in Durban, Cape Town and Gauteng.
Course registration and execution will be channelled through e-LEADer.
BACKGROUND ON BUSINESS RESCUE
In the past, business rehabilitation mechanisms have not worked well in South Africa. Fortunately, Chapter 6 of the new Companies Act 71 of 2008 introduces a more modern and flexible business rescue procedure. The new Act requires the appointment of business rescue practitioners to oversee the rescue procedures. Having a successful and effective rescue procedure is of great importance to the economic growth and stability of the country. Key to this will be ensuring that business rescue practitioners have the necessary skills and qualifications to undertake the business rescue.
The process for accreditation of Business Rescue Practitioners is still under way and licensing will not be automatic or guaranteed. Nonetheless, the Companies and Intellectual Property Commission regards the completion of a relevant training course/sufficient knowledge of business rescue as an important factor when considering an application for registration. Other factors include experience of business management and sound professional standing. Working as a team member with a registered business rescue practitioner can count in an applicant’s favour.
PURPOSE OF THE COURSE
The purpose of the course is for candidates to explore the opportunities of business rescue as a possible new area of work. Candidates are equipped with comprehensive knowledge on the practical application of business rescue proceedings in terms of Chapter 6 of the Companies Act, 2008.
After completing the course, candidates will be able to
1. Explain the concept and role of business rescue;
2. Explain in detail the relationship between corporate governance and business rescue;
3. Draw up and implement strategic plans/turnaround strategies for companies in distress; and
4. Provide advice to attorneys, accountants and other professionals appointed as business rescue practitioners.
WHO MAY REGISTER FOR THE COURSE?
Professional people who are interested in understanding the principles of business rescue. This includes lawyers, legal advisors, auditors, financial advisors, bank decision-makers, investors, businesspersons, managers and trade union representatives.
An LLB or bachelor’s degree.
OTHER COURSE DETAILS
Total credits: 12 Credits
South African National Qualifications Framework (NQF): Level 8
Upon successful completion of the course and payment of the full tuition fee, a certificate will be issued, jointly by UNISA and LEAD.
HOW TO APPLY?
1. Those who wish to apply to register should complete the brochure and enrolment contract.
2. The completed contract can be e-mailed to bettie@LSSALEAD.org.za together with
- a copy of your identity document/passport;
- a copy of your highest degree obtained;
- proof of payment; and
- short curriculum vitae.
3. Confirmation of receipt of the registration will be e-mailed to you.
4. Note that for communication purposes, please supply us with all your contact details i.e. e-mail address,
landline, fax and a cell phone number.
||Amount payable on registration
||Balance payable before 1 March 2013
Payment must be made upfront by credit card or direct deposit. No registration will be confirmed if the proof of payment has not been received.
- A candidate will only qualify for a refund should he/she cancel his/her attendance in writing before commencement of the course and before receiving material, subject to deduction of a cancellation fee of
- Should a participant discontinue his/her training prior to the end of the course, he/she will be responsible for the full tuition fee The only exceptions are if the reasons for cancellation are one of the following:
- Death of a close family member (death certificate should be submitted);
- Severe medical condition which results in the candidate no longer being able to continue with the course
(medical certificate should be submitted);
- LSSA / UNISA has the right to terminate a student’s participation should the course fee not be paid as required in which case the learner will still be liable for payment of the full course fee.
For more information and registration for this offering, please contact Bettie Lubbe at LEAD.
bettie@LSSALEAD.org.za or Tel +27(0)12 441 4670
LEAD reserves the right to cancel a learning activity should the number of delegates not justify the costs involved. Registered delegates will be given reasonable notice of cancellation.
CLOSING DATE FOR REGISTRATION
Registration closes 25 January 2013. Documentation to be used in the course will be posted after the closing date.
TERMS AND CONDITIONS OF REGISTRATION
Each LEAD learning activity (seminar, workshop, course etc.) has different terms and conditions of registration. Please refer to the website for more details on the terms and conditions specific to this learning activity or contact LEAD on 012 441 4600.