PROGRAMME: BACHELOR OF COMMERCE IN ACCOUNTING MODULE: COMMERCIAL LAW 1 QUESTION ONE 1.1. [35] "The ultimate goal in repealing The Companies Act, No. 61 of 1973, was to ensure that the regulatory framework for enterprises of all types and sizes promoted growth, employment, innovation, stability, good governance, confidence and international competitiveness". Discuss this statement and consider the purpose of the New Companies Act 71 of 2008. (15) 1.2. List any ten key concepts and features of The Companies Act, 2008. (20) [30]