Industrial Development Amendment Act 49 of 2001

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49 of 2001

The Industrial Development Amendment Act 49 of 2001 intends:

  • to amend the Industrial Development Act, 1940, so as:
    • to adjust and add to the objects and powers of the Industrial Development Corporation of South Africa, Limited;
    • to extend the activities of the corporation beyond the borders of the Republic for the benefit of the Southern African region specifically and the rest of Africa generally;
    • to empower the managing director to delegate his or her powers to other structures of the corporation; and
    • to repeal obsolete provisions; and
  • to provide for matters connected therewith.

Commencement

10 December 2001

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