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| Attachment | Size |
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| a521991.pdf | 1.04 MB |
52 of 1991
The Transnet Limited Amendment Act 52 of 1991 intends:
- to amend section 1 of the Level Crossings Act, 1960 [repealed in 1993], by the deletion or insertion of certain definitions;
- to amend section 2 of that Act in order to adjust the contributions to the Fund as circumstances require;
- to amend sections 3, 4, 5, 6, 7, 8 and 8bis of that Act to provide for the substitution of certain words;
- to insert section 10 of that Act in order to provide for the repeal of the Act and related matters;
- to amend section 1 of the Legal Succession to the South African Transport Services Act, 1989, to provide for the insertion or substitution of certain definitions;
- to amend section 2 of that Act to provide that section 190 of the Companies Act, 1973, shall not apply to the Company;
- to amend section 10 of that Act to extend the membership of Transmed;
- to amend section 12 of that Act to exempt the Company from the provisions of the Insurance Act, 1943;
- to amend section 14 of that Act to make certain provisions thereof applicable to the Corporation;
- to amend section 15 of that Act to make provision for the rendering of a service at the request of the Corporation ora transport authority;
- to amend section 15 of that Act to define more precisely the obligations of the State in regard to the pension funds of the South African Transport Services;
- to amend section 19 of that Act to alter the provisions relating to the issue of financial instruments that are guaranteed by the State;
- to amend section 21 of that Act to extend the authority of the Minister to make regulations;
- to amend section 22 of that Act to amplify the provisions relating to the protection of the name of the Corporation;
- to amend section 23 of that Act in order to increase the powers of the Corporation;
- to amend section 24 of that Act to make additional provision in connection with the constitution of the Board of Control of the Corporation;
- to amend section 25 of that Act to alter the provision relating to the identification of the assets of the Corporation;
- to amend section 26 of that Act to bring it into line with the provisions of section 15;
- to substitute section 27 of that Act to amend the provision relating to the State guarantee and to do away with the obligation of the State to annually make good the iosses of the Corporation;
- to amend section 29 of that Act to alter the limitation placed on the liquidation of the Corporation;
- to amend section 31 of that Act to clarify the provisions thereof and to limit the exteonft exemptions referred to therein;
- to amend section 32 of that Act to clarify the provisions thereof;
- to amend section 33 of that Act to alter the provisions relating to activities in a deeds registry;
- to amend section 35 of that Act to define exemption from the payment of certain charges;
- to amend section 36 of that Act to grant the State President the power to repeal section 33;
- to amend Schedule 1 to that Act to make provision for a further offence in respect of fare evasion;
- to amend Part 1 and Part 3 of Schedule 2 to that Act in connection with the amendment, repeal and interpretation of certain laws;
- to amend the references to Railway Administration and the South African Transport Services in various Acts;
- to amend section 1 of the Transnet Pension Fund Act, 1990, to provide for the substitution of certain definitions;
- to amend section 3 of that Act to clarify the provisions thereof;
- to amend section 14 of that Act to extend the membership of the Fund; and
- to provide for incidental matters.
Amends
- Advertising on Roads and Ribbon Development Act 21 of 1940
- Perishable Products Export Control Act 9 of 1983
Commencement
22 May 1991
