National Small Business Amendment Act 26 of 2003

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26 of 2003

The National Small Business Amendment Act 26 of 2003 intends:

  • to amend the National Small Business Act, 1996, so as:
    • to repeal all provisions pertaining to the National Small Business Council;
    • to empower the Minister to facilitate and establish an Advisory Body to represent the interests of small business;
    • to make the Public Finance Management Act, 1999, applicable to the Agency;
    • to make further provision in respect of the functions of the Agency;
    • to do away with the requirement of calling for nominations for directors of the Board by notice in the Gazette;
    • to repeal the provisions pertaining to alternate directors; and
    •  to substitute the Schedule to that Act, in order to reflect the current economic position; and
  • to provide for matters connected therewith.

Commencement

26 November 2003

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