Abolition of the Fisheries Development Corporation of South Africa Limited Act 33 of 1987

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33 of 1987

The Abolition of the Fisheries Development Corporation of South Africa Limited Act 33 of 1987 intends:

  • to provide for the abolition of the Fisheries Development Corporation of South Africa, Limited;
  • to assign the financing powers of the Fisheries Development Corporation to the Small Business Development Corporation, Limited, and certain other powers to the Minister of Environment Affairs; 
  • to transfer certain assets of the Fisheries Development Corporation to the Small Business Development Corporation, Limited, and to the State;
  • to provide for the continued existence of the board of directors of the Fisheries Development Corporation for a certain period; and
  • to provide for matters connected therewith.

Commencement

8 July 1987

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