Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“This Order may be cited as the Konza Technopolis Development Authority Order.”
This Order may be cited as the Konza Technopolis Development Authority Order. This section provides definitions for terms used in the Order (Area; Authority; Board; buffer zone; Cabinet Secretary; Chief Executive Officer). Sets out the Chief Executive Officer role, appointment by the Cabinet Secretary in consultation with the Board, that the CEO is secretary to the Board, terms determined by the Board with Cabinet Secretary approval, Board appointments and delegations, and Board payment of remuneration subject to National Treasury approval. The Board's common seal must be authenticated by signatures as specified; most Board documents and decisions may be signed by specified officers or authorized persons. Certain Board members and staff are not personally liable for acts done in good faith; persons in subsection (1) are entitled to have expenses paid from the Authority's general fund if a court finds the act was done in good faith, unless recovered in the suit.
02
How the instrument operates
- 01
Start with the recorded version
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- 02
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
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03
Research entry points
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This Order may be cited as the Konza Technopolis Development Authority Order.
Section 1
Certain Board members and staff are not personally liable for acts done in good faith; persons in subsection (1) are entitled to have expenses paid from the Authority's general fund if a court finds the act was done in good faith, unless recovered in the suit.
Section 12
The Chairperson and members of the Board shall serve for three years and shall be eligible for appointment for one further term.
Section 6
Parliament may provide moneys for the purposes of the Authority.
Section 13
The Board may invest Authority funds not immediately required in securities approved by the National Treasury, and may deposit money not immediately required with banks it determines.
Section 17
04
Source and current-law status
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The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.