71. Transactions not prohibited by section 70

the company’s principal purpose in giving the assistance is not to give it for the purpose of that acquisition or the giving of the assistance is an incidental part of any other larger purpose of the company; and

the assistance is given in good faith in the interest of the company.

a distribution to a shareholder approved under section 56;

the issue of shares by the company;

a repurchase or redemption of shares by the company;

anything done in terms of a compromise reached under the provisions of Part IX or a compromise or arrangement approved under the provisions of

the lending of money by a company in the ordinary course of business, where the ordinary business of the company includes the lending of money;

the provision by a company in good faith in the interest of the company, of financial assistance for the purposes of an employees’ share scheme;

the granting of loans by a company to its employees other than directors in good faith in the interest of the company, with a view to enabling those persons to acquire beneficial ownership of shares in the company.