Public Investment Commissioners Amendment Act 76 of 1992

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76 of 1992

The Public Investment Commissioners Amendment Act 76 of 1992 intends:

to amend the Public Investment Commissioners Act, 1984 [repealed in 2005], so as
to authorize the Minister of Finance to designate a person to act as a Public Investment Commissioner during the absence of the Minister or his inability to act as a commissioner;
to remove the restriction on the commissioners in respect of the total amount vvhich may be invested in certain stock, bonds, debentures or securities; and
to provide that shares, bonds, securities and financial instruments may also be registered and traded in the name of a company nominated by the commissioners; and
to provide for matters connected therewith.

26 June 1992