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act-7-1986.pdf | 1.65 MB |
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