Who is liable for declarations made to CIPC for the Financial Accountability Supplement (FAS)
It is important to realise that the company’s directors are responsible for making this declaration to the CIPC, even in the event that an authorised person or firm is mandated to submit the Financial Accountability Supplement (FAS) COR30.2 on the company’s behalf. Directors will be held liable in the event of them making or sanctioning incorrect declarations to the CIPC.