Community Development Amendment Act 48 of 1986

Community Development Amendment Act, 1986 (No. 48 of 1986)

GENERAL EXPLANATORY NOTE:
__ Words underlined with solid line indicate insertions in existing enactments.

Act

• to amend the Community Development Act, 1966, so as to provide for the disposal of the assets, rights, liabilities and obligations of the Community Development Board in relation to certain areas and for the transfer of moneys in the fund; and 
• to provide for incidental matters.

(English text signed by the State President.)
(Assented to 19 May 1986.)

BE IT ENACTED by the State President and the Parliament of the Republic of South Africa, as follows:-

Insertion of section 51B in Act 3 of 1966.

1. The following section is hereby inserted in the Community Development Act, 1966, after section 51A:

Disposal of assets, rights, liabilities and obligations of board and moneys in fund.

51B. (1) In the event of a bod bein established by or under any law to exercise or to perform a
power, duty or functlon m regard to any partlcular
population group in any area referred to in paragraph 5 of Schedule 1 to the Republic of South Afri-
ca Constitution Act, 1983 (Act No. 110 of 1983), which in the opinion of the Minister was prior to
the commencement of such law exercised or performed by the board, the Minister may by notice in
the Gazette declare that the assets, rights, liabilities and obligations of the board in regard to that area
and such amount in the fund as the Treasury may determine shall vest in the said body as from a date
mentioned in the notice, and on that date such assets, rights, liabilities and obligations shall so vest
and such amount shall be paid into the fund or account of the said body, and from that date any reference
to the board in any law or document shall, unless it would be clearly inconsistent, be interpreted as
a reference to the said body.

(2) The registrar of deeds in question shall make the necessary entries in his registers and other documents to give effect to the terms of such vesting and to effect the necessary endorsements on any relevant title deed, mortgage bond or other document, upon production thereof.

(3) No transfer duty, stamp duty or other fees shall be payable in respect of such vesting, entry or endorsement.".

(4) The Development and Housing Board, established under section 2 of the Development and Housing Act (House of Assembly), 1985 (Act No. 103 of 1985), shall be deemed to be a body referred to in subsection (1).

Short title.

2. This Act shall be called the Community Development Amendment Act, 1986.

Commencement

28 May 1986