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Central Energy Fund Amendment Act, 1988 (No. 55 of 1988)
GENERAL EXPLANATORY NOTE:
[ ] Words in bold type in square brackets indicate omissions from existing enactments. ,
__ Words underlined with solid line indicate insertions in existing enactments.
Act
- to amend the Central Energy Fund Act, 1977, so as
- to adapt the designation of the Minister;
- to provide for the appointment of a member of the personnel of the National Energy Council to the board of directors of CEF (Proprietary) Limited; and
- to make further provision In connection with the levy for the benefit of the Central Energy Fund; and
- to provide for matters connected therewith.
(Afrikaans text signed by the State President.)
(Assented to 1 June 1988.)
BE IT ENACTED by the State President and the Parliament of the Republic of South Africa, as follows:-
Amendment of section 1 of Act 38 of 1977, as substituted by section 1 of Act 46 of 1985
1. Section 1 of the Central Energy Fund Act, 1977 (hereinafter referred to as the principal Act), is hereby amended-
(a) by the substitution for paragraph (b) of subsection (4) of the following paragraph: .
"(bJ [two officers] one officer in the Department of Mineral and Energy Affairs appointed by the Minister of [Mineral and Energy Affairs] Economic Affairs and Technology, and one member of the National Ener Council's personnel referred to in section 13 o the Energy Act, 1987 Act No. 42 of 1987), [one of whom] who possesses, in the opinion of the said Mm1ster, expert knowledge of crude oil supply and fuel matters, appointed by the said Minister; and"; and
(b) by the substitution for su section 8 of the following subsection:
"(8) A director who is in the full-time service of the State or the National Energy Council shall not in respect of the services rendered by him as a director of CEF (Proprietary) Limited be paid any remuneration in addition to his salary by virtue of such service, nor shall any such director be paid any travel and subsistence allowances at a rate other than that applicable to him by virtue of such service.".
Amendment of section 1A of Act 38 of 1977, as Inserted by section 1 of Act 30 of 1979 and amended by section 2 of Act 74 of 1979, section 1 of Act 68 of 1980, section 2 of Act 73 of 1984 and section 2 of Act 46 of 1985
2. Section 1A of the principal Act is hereby amended-
(a) by the substitution for paragraph (b) of subsection (1) of the following paragraph:
"(b) by like notice impose a levy for the benefit of the Central Energy Fund on every litre of petrol, distillate fuel or residual fuel oil [on which customs or excise duty is payable in respect of which no rebate or refund is applicable]; or"; and
(b) by the substitution for paragraph (c) of subsection (3A) of the following paragraph:
"(c) [with the concurrence of the Minister of Mineral and Energy Affairs and the Minister of Industries, Commerce and Tourism] the moneys obtained by the SFF Association from the sale of products determinedby the Minister of [Mineral and Energy Affairs] Economic Affairs and Technology.".
Substitution of words in Act 38 of 1977
3. The principal Act is hereby amended by the substitution for the expression "Minister of Mineral and Energy Affairs", wherever it occurs, of the expression "Minister of Economic Affairs and Technology".
Short title
4. This Act shall be called the Central Energy Fund Amendment Act, 1988.
Commencement
17 June 1988
