South Africa Act or statute

Parliament of the Republic of South Africa

Alexkor Limited Amendment Act, 2001

This section says the Act amends the Alexkor Limited Act, 1992 to provide for the sale or disposal of State-held shares in Alexkor Limited. The Minister may sell or otherwise dispose of shares in…

amendmentcompany sharesministerial approvalshare disposal

Jurisdiction: South Africa
Structure: 3 provisions
Citation: Act 29 of 2001
Dates: updated 23 Nov 2001

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Dates: updated 23 Nov 2001

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“This section says the Act amends the Alexkor Limited Act, 1992 to provide for the sale or disposal of State-held shares in Alexkor Limited.”

This section says the Act amends the Alexkor Limited Act, 1992 to provide for the sale or disposal of State-held shares in Alexkor Limited. The Minister may sell or otherwise dispose of shares in the company with the Minister of Finance’s concurrence, and the Minister must determine shareholding conditions subject to Cabinet approval. This section states the short title of the Act: the Alexkor Limited Amendment Act, 2001.

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updated 23 Nov 2001. The date shown identifies this source expression and should not be treated as proof that no later change exists.
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November 2001 No. 22858

This section says the Act amends the Alexkor Limited Act, 1992 to provide for the sale or disposal of State-held shares in Alexkor Limited.

Section 23

Section 4 of the Alexkor Limited Act, 1992, is hereby amended by the substitution

The Minister may sell or otherwise dispose of shares in the company with the Minister of Finance’s concurrence, and the Minister must determine shareholding conditions subject to Cabinet approval.

Section 1

This Act is called the Alexkor Limited Amendment Act, 2001.

This section states the short title of the Act: the Alexkor Limited Amendment Act, 2001.

Section 2

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Source record from www.parliament.gov.za · updated 23 Nov 2001

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Showing 3 of 3 provisions

Short title 2Amendment

§ 23November 2001 No. 22858Amendment

This section says the Act amends the Alexkor Limited Act, 1992 to provide for the sale or disposal of State-held shares in Alexkor Limited.

23 November 2001 No. 22858 THE PRESIDENCY No. 1239 23 November 2001 It is hereby notified that the President has assented to the following Act, which is hereby published for general information:– No. 29 of 2001: Alexkor Limited Amendment Act, 2001 AIDS HELPLINE: 0800-123-22 Prevention is the cure 2 No. 22858 GAZETTE, GOVERNMENT 23 NOVEMBER 2001 Act No. 29,2001 ALEXKOR LIMITED AMENDMENT ACT, 2001 GENERAL EXPLANATORY NOTE: Words underlined with a solid line indicate insertions in existing enactments. (English text signed by the President.) (Assented to 12 November 2001.) ACT To amend the Alexkor Limited Act, 1992, so as to provide afresh for the sale or disposal of shares held by the State in Alexkor Limited; and to provide for matters connected therewith. B E IT ENACTED by the Parliament of the Republic of South Africa, as follows:- Amendment of section 4 of Act 116 of 1992

Section 23Verify source

§ 1Section 4 of the Alexkor Limited Act, 1992, is hereby amended by the substitutionShort title

The Minister may sell or otherwise dispose of shares in the company with the Minister of Finance’s concurrence, and the Minister must determine shareholding conditions subject to Cabinet approval.

1. Section 4 of the Alexkor Limited Act, 1992, is hereby amended by the substitution for subsection (3) of the following subsection: “(3)(a) The Minister may, with the concurrence of the Minister of Finance, sell or otherwise dispose of shares in the company to any person. (b) The conditions as to shareholding in the company must be determined by the Minister subject to approval by the Cabinet.”. Short title

Section 1Verify source

§ 2This Act is called the Alexkor Limited Amendment Act, 2001.Short title

This section states the short title of the Act: the Alexkor Limited Amendment Act, 2001.

2. This Act is called the Alexkor Limited Amendment Act, 2001. 5 10

Section 2Verify source

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A–F

1 instrument

Alexkor Limited Act, 1992
Sections 1, 23

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