South Africa Act or statute

Parliament of the Republic of South Africa

Industrial Development Amendment Act, 1995

This section amends the principal Act’s definition of “Minister” to mean the Minister of Trade and Industry.

government department definitionstatutory repeal

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Official source

01

Purpose and legislative effect

“This section amends the principal Act’s definition of “Minister” to mean the Minister of Trade and Industry.”

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02

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  1. 01

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    Assented 10 May 1995 · Commencement date not stated · Consolidation date not stated · Effective date not stated · Enactment date not stated · Expiry date not stated · Published 15 May 1995 · Repeal date not stated · Source version date not stated. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Source record from www.parliament.gov.za · Assented 10 May 1995 · Commencement date not stated · Consolidation date not stated · Effective date not stated · Enactment date not stated · Expiry date not stated · Published 15 May 1995 · Repeal date not stated · Source version date not stated

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Showing 6 of 6 provisions

Repeal 4Short titleAmendment
§ 1Section 1 of the Industrial Development Act, 1940 (hereinafter referred to asRepeal

This section amends the principal Act’s definition of “Minister” to mean the Minister of Trade and Industry.

1. Section 1 of the Industrial Development Act, 1940 (hereinafter referred to as the principal Act), is hereby amended by the substitution for the definition of "Minister" of the following definition: " 'Minister' means the Minister of [Industries, Commerce and Tourism] Trade and Industry;". 10 Repeal of section 3bis of Act 22 of 1940
§ 2Section 3bis of the principal Act is hereby repealed.Repeal

Section 3bis of the principal Act is repealed.

2. Section 3bis of the principal Act is hereby repealed. Amendment of section 4 of Act 22 of 1940 as amended by section 2 of Act 67 of 1961, section 3 of Act 52 of 1964, section 1 of Act 47 of 1975, section 2 of Act 96 of 1980 and section 2 of Act 53 of 1984 15
§ 3Section 4 of the principal Act is hereby amended by the substitution forRepeal

This section amends section 4 of the principal Act by replacing paragraph (i), and it also repeals section 5quin of Act 22 of 1940.

3. Section 4 of the principal Act is hereby amended by the substitution for paragraph (i) of the following paragraph: "(i) [in any area designated in terms of section 3bis to establish or acquire and carry on any business or service undertaking, and to provide capital or other means and] to furnish technical and other assistance and expert 2() and specialized advice. information and guidance.". Repeal of section 5quin of Act 22 of 1940
§ 4Section Squin of the principal Act is hereby repealed.Repeal

This section repeals Section Squin of the principal Act.

4. Section Squin of the principal Act is hereby repealed. 4 No. 16423 GOVERNMENT GAZETTE, 15 MAY 1995 Act No. 9, 1995 INDUSTRIAL DEVELOPMENT AMENDMENT ACT, 1995 Amendment of section 6 of Act 22 of 1940 as amended by section 3 of Act 67 of 1961 and section 46 of Act 97 of 1986
§ 5Section 6 of the principal Act is hereby amended by the substitution forShort title

The board must have at least five and no more than 15 directors. If the number of directors falls below five, the remaining directors must manage and control the corporation’s affairs.

5. Section 6 of the principal Act is hereby amended by the substitution for subsections (2) and (3) of the following subsections, respectively: "(2) The board of directors shall consist of not less than five and not more than [nine]15 directors: Provided that if at any time the number of directors holding office falls below five, the remaining directors shall manage and control the affairs of the corporation. 5 (3) The Minister shall have the right to appoint not more than [five) eight directors, and the private shareholders shall have the right to elect not more 10 than [four) seven directors.". Short title
§ 6This Act shall be called the Industrial Development Amendment Act, 1995.Amendment

6. This Act shall be called the Industrial Development Amendment Act, 1995.

6. This Act shall be called the Industrial Development Amendment Act, 1995.

Legislative relationships

2 referenced instruments

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G–M

1 instrument

  • Industrial Development Act, 1940

    Section 1

N–S

1 instrument

  • principal Act

    Sections 3, 4

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Current-law checkpoint
  • Undated version · currentEnglish

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