King Code definition

King Code means The Code of Corporate Practices and Conduct representing the principles of good governance as set out in the King Report 2 of 2002, which report supercedes the King Report of 1994;
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King Code means the Code of Corporate Practices and Conduct as set out in the King Report III on Corporate Governance for South Africa, 2009;
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King Code means the King Code on Corporate Governance for the RSA, as amended or replaced from time to time;
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Examples of King Code in a sentence

  • The internal audit team provided regular feedback to the Audit and Risk Committee, which is responsible for monitoring compliance with the King Code.

  • The Board of Directors and Executives recognise and are committed to the principles of openness, integrity and accountability advocated by the King Code on Corporate Governance.

  • The chairman must either be an independent non-executive director, or the issuer must appoint a lead independent director in accordance with the King Code.

  • Implementation of King Codes of Corporate Governance The Board and management team are committed to the principles of openness, integrity and accountability advocated by the King Code.

  • The Board is of the opinion that the company secretary is suitably qualified and experienced to carry out its duties as stipulated under section 84 of the Companies Act and the King Code.

  • The key standards of reference are the JSE Social Responsibility Index (SRI), the King Code of Corporate Governance, the United Nations Global Reporting Initiative (GRI) G3 Sustainability Reporting Guidelines, the Telecommunications sector supplement and the Carbon Disclosure Project standard.

  • The composition of such committees must comply with the Companies Act (as applicable) and should be considered in accordance with the recommended practices in the King Code on an apply and explain basis, provided that each committee must comprise of at least three members.

  • The internal financial controls are adequate and effective and can be relied on in compiling the annual financial statements, having fulfilled our role and function within the combined assurance model pursuant to principle 15 of the King Code.

  • Following Sir Adrian’s advice, the committee in South Africa continues to be known as the King Committee and the King Code has become an internationally recognised brand.

  • We believe that this language more appropriately conveys the intent of the King Code from inception rather than ‘comply or explain’.


More Definitions of King Code

King Code means The Code of Corporate Practices and Conduct representing the principles of good governance as set out in the King Report 4 of 2016;
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King Code means the King Code of Governance for South Africa 2009, issued by the Institute of Directors in Southern Africa;
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King Code means the King Code on Corporate Governance for South Africa, as amended or replaced from time to time.
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King Code means the King III Report on Corporate Governance Principles for South Africa (2009), as amended or replaced from time to time. The Company and the Directors will comply and adhere to the revised provisions of King IV;
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Related to King Code

  • IMDG Code means the International Maritime Dangerous Goods Code, for the implementation of Chapter VII, Part A, of the International Convention for the Safety of Life at Sea, 1974 (SOLAS Convention), published by the International Maritime Organization (IMO), London;

  • IBC Code means Insolvency and Bankruptcy Code, 2016 as amended from time to time;

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

  • Data Protection Laws means EU Data Protection Laws and, to the extent applicable, the data protection or privacy laws of any other country;

  • JORC Code means the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia, as amended;

  • European Data Protection Laws means the EU General Data Protection Regulation 2016/679 (“GDPR”) and data protection laws of the European Economic Area (“EEA”) and their member states and the FADP.

  • EU Data Protection Law means (i) prior to 25 May 2018, Directive 95/46/EC of the European Parliament and of the Council on the protection of individuals with regard to the processing of Personal Data and on the free movement of such data ("Directive") and on and after 25 May 2018, Regulation 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of Personal Data and on the free movement of such data (General Data Protection Regulation) ("GDPR"); and (ii) Directive 2002/58/EC concerning the processing of Personal Data and the protection of privacy in the electronic communications sector and applicable national implementations of it (as may be amended, superseded or replaced).

  • Building Code Act means the Building Code Act, 1992, S.O. 1992, c.23, as amended;

  • QR Code means a matrix barcode that links to information about a battery model;

  • Grid Code / “IEGC” or “State Grid Code” shall mean the Grid Code specified by the Central Commission under clause (h) of sub-section (1) of Section 79 of the Electricity Act and/or the State Grid Code as specified by the concerned State Commission referred under clause (h) of sub-section (1) of Section 86 of the Electricity Act, as applicable;

  • Applicable Data Protection Law means all data privacy or data protection laws or regulations globally that apply to the Processing of Personal Information under this Data Processing Agreement, which may include Applicable European Data Protection Law.

  • Building Code means the regulations made under Section 34 of the Act.

  • Metering Code means the Metering Code prepared by the Board andapproved by the Commission, as from time to time revised, amended, supplemented or replaced with the approval of, or at the instance of, the Commission;

  • chapters and "headings" mean the chapters and the headings (four-digit codes) used in the nomenclature which makes up the Harmonized Commodity Description and Coding System, referred to in this Protocol as "the Harmonized System" or "HS";

  • Applicable Data Protection Laws means all national, international and local laws, regulations and rules by any government, agency or authority relating to data protection and privacy which are applicable to CPA Global or the Customer, including but not limited to The General Data Protection Regulation (Regulation (EU) 2016/679), (GDPR);

  • Statutes means the Companies Act, the Electronic Transactions Act 1999 of Bermuda, and every other act (as amended from time to time) for the time being in force of the Legislature of Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • Dodd-Frank Act means the Dodd-Frank Wall Street Reform and Consumer Protection Act.

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • Data Protection Acts means Data Protection Act 1988, as amended by the Data Protection (Amendment) Act 2003, and as may be modified, amended, supplemented, consolidated or re- enacted from time to time;

  • Competition Act means the Competition Act (Canada).