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Frequently Asked Questions

WHO IS THE TMA SA FOR?

TMA SA is a voluntary association providing a forum for professionals from all disciplines engaged in the corporate renewal activities of business transformation, business turnaround and business rescue.

WHAT ARE THE BENEFITS OF MEMBERSHIP?

TMA SA affords members numerous benefits including networking opportunities, events, knowledge, education and promotion of professionals operating in the business rescue and turnaround.

IS TMA IN OTHER COUNTRIES?

The Turnaround Management Association - Southern Africa (TMA-SA) is an international affiliate of the Turnaround Management Association (TMA). TMA-SA members share in knowledge exchange and networking with TMA.

DOES TMA SA HAVE A CODE OF CONDUCT?

The TMA SA Code of Professional Conduct covers a wide range of business practices and procedures and sets out basic principles to guide all members and officers of the Company.

HOW DO I REGISTER FOR MEMBERSHIP?

Complete and submit the electronic Membership Application form. If you have any further questions you are welcome to contact the Administrator for details about registration.

IS ACCREDITATION NECESSARY?

In terms of Sec 138(1)(a) of Chapter 6 of the Companies Act (Act. No. 71 of 2008 as amended), all business rescue practitioners must be a member in good standing of a legal, accounting or business management profession accredited by the Companies and Intellectual Property Commission (CIPC).

DOES TMA SA HAVE A CPD POLICY?

Yes. The objective of CPD is to assist practitioners to develop and maintain professional competence in order to ensure practitioners conduct themselves in such a manner that transactions for his or her customers, clients and employer/stakeholder are of high quality and in the public’s interest.

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