History
When the 2008 Companies Act came into effect on 1 May 2011, the CIPC was created from the merger of Companies and Intellectual Property Registration Office (CIPRO) and the Office of Company and Intellectual Property Enforcement (OCIPE). The first months of operation were marked by inefficiency, poor service and large backlogs as the organisation struggled to overcome the legacy of its dysfunctional predecessor, CIPRO. In April 2013 it was described as "groaning under its own burden of registration under the Companies Act" and suffering from "administrative failures". In September 2014 the CIPC's new website, intended to automate several routine administrative processes, was criticised as dysfunctional, followed by revelations that the site had no security measures to protect confidential client information.Functions
The CIPC is responsible for the following functions: * Registration of Companies, Co-operatives and Intellectual Property Rights (trademarks, patents, designs and copyright) and maintenance thereof * To disclose Information on its business registers * To promote education and awareness of Company and Intellectual Property Law * To promote compliance with relevant legislation * Efficiently and effectively enforce relevant legislation * Monitor compliance with, and contraventions of financial reporting standards, and make recommendations thereto to Financial Reporting Standards Council (FRSC) * Licensing of Business rescue practitioners * Report, research and advise the Minister on matters of national policy relating to company and intellectual property law.References
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