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act-69-1980.pdf | 1.71 MB |
69 of 1980
The State Trust Board Amendment Act 69 of 1980 intends:
- to amend the State Trust Board Act, 1979, so as
- to delete the provision that the chairman of the State Trust Board shall be a full-time member of that board;
- to regulate in greater detail the registration of the transfer of affected shares to that board;
- to provide for the setting aside of such registration; to empower that board to conduct certain enquiries with a view to the achievement of its objects;
- to provide that all civil actions against that board shall be instituted before 1 March 1981 and that prior notice shall be given to that board of the institution of such actions; and
- to indemnify the members of that board and certain officers against liability for acts performed in good faith under the provisions of that Act; and
- to provide for incidental matters.
Commencement
28 May 1980