Abolition of Lebowa Mineral Trust Act | Act 67 of 2000 — South Africa law | Esheria

Abolition of Lebowa Mineral Trust Act

13 December 2000 Nmr. 1359.

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Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 67 of 2000
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
asset transfer commencement duties and stamp duty ministerial authorisation registry updates regulatory compliance repeal staff transfer

Statute overview

About this statute

13 December 2000 Nmr. 1359. This Act abolishes the Lebowa Mineral Trust and provides for transfer of its assets, liabilities, rights, obligations, and staff to the State. This section defines several terms used in the Act, including “fixed date,” “Minister,” “prescribe,” “State,” and “Trust.” The Trust is abolished from the fixed date, its assets and obligations vest in the State, and the registrar of deeds must make the register entries needed to give effect to that vesting. The Minister may make regulations about proof under section 3(1)(c) and about any other matter needed to achieve the Act’s objects.