Post Office Amendment Act 7 of 1986

The Post Office Amendment Act 7 of 1986 intends:

• to amend the Post Office Act, 1958, so as
  • to further define the powers of the Postmaster-General regarding the ·variation or cancellation of contracts;
  • to make other provision relating to the appropriation of certain amounts spent under authority granted by the Minister, and
  • to provide that such provision shall have retrospective effect;
  • to amend the requirements relating to certain amounts reflected in the appropriation account of the Department of Posts and Telecommunications and to change the name of the said account;
  • to extend to the repayment of all loans the stipulation that amounts utilized for the repayment of certain loans shall be deemed to have been appropriated by law;
  • to make other provision relating to the investment of moneys by the Postmaster-General and to make new provision, with retrospective effect, for the repurchase and negotiation of securities; and 
  • to further regulate the recovery of losses and damages caused to the department; and
• to provide for matters connected therewith.

Commencement

26 March 1986