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| a16-98.pdf | 448.87 KB |
16 of 1998
The repealed Economic Co-operation Promotion Loan Fund Amendment Act 16 of 1998 intended:
- to amend the Economic Co-operation Promotion Loan Fund Act, 1968 [repealed in 2001], so as
- to provide that any amounts owing in terms of loans granted to the governments of the former Republics of Transkei, Bophuthatswana, Venda and Ciskei under that Act shall not be repayable;
- to provide that moneys in the Economic Co-operation Promotion Loan Fund may be used to complete any project which is the subject of an agreement entered into with any of the said governments;
- to provide that any payment for such completion shall be made to the provincial government which has taken over the project in question; and
- to authorise the Minister of Foreign Affairs to pay moneys in the said fund not required for immediate use into the National Revenue Fund; and
- to provide for matters connected therewith.
Commencement
27 May 1998
