Overvaal Resorts Limited Amendment Act 74 of 1997

Overvaal Resorts Limited Amendment Act, 1997 (No. 74 of 1997)

Act

• to amend the Overvaal Resorts Limited Act, 1993, so as
• to remove the restriction on the total shareholding of foreign shareholders in the company contemplated in the Act; and
• to provide for matters connected therewith.

(English text signed b] the President.)
(Assented to 26 November 1997.)

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

Amendment of section 4 of Act 127 of 1993

1. Section 4 of the Overvaal Resorts Limited Act, 1993, is hereby amended by the deletion of the proviso to paragraph (b) of subsection (3).

Short title and commencement

2. This Act shall be called the Overvaal Resorts Limited Amendment Act, 1997, and shall come into operation on a date fixed by the President by proclamation in the Gazette.

Commencement