Legal Succession to the South African Transport Services Amendment Act | Act 38 of 2008 — South Africa law | Esheria

Legal Succession to the South African Transport Services Amendment Act

This section amends the definitions in section 1 of the principal Act, including replacing the definition of "Corporation", deleting "local government body", and replacing the definition of "transport authority".

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Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 38 of 2008
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
asset exploitation asset transfer bus services commencement Company lawentity establishment gazette proclamation governance health scheme land subdivision approval local government passenger rail services rail services railways service real estate transfers statutory text substitution transport administration

Statute overview

About this statute

This section amends the definitions in section 1 of the principal Act, including replacing the definition of "Corporation", deleting "local government body", and replacing the definition of "transport authority". This section amends Section 10 of the principal Act, keeps the South African Railways and Harbours Sick Fund in existence as a medical scheme called Transmed (or another name adopted by its Board), and deletes certain subsections. Section 15 of the principal Act is repealed. This section amends section 22 so that, on the date in section 3(1), a legal person called the Passenger Rail Agency of South Africa is established. The Corporation must provide certain rail services and align its business with government policy objectives. It also has broad powers to contract, hold and deal in property, borrow or invest money, handle financial instruments, and do other acts that help its objects.