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State-owned Enterprises Governance Amendment Act, 2008 (Act No. 5 of 2008).

Country
Type of law
Legislation
Source

Abstract
This Act amends the State-owned Enterprises Governance Act, 2006 in sections 15, 27 and 48. The amendments concern internal matters such as investment policies, the composition of the board and the memorandum of association.
Long title of text
An Act to amend the State-owned Enterprises Governance Act, 2006 so as to make different provision for the date with effect from which the constitution of the boards of State-owned enterprises and the appointment of members of such boards must be effected in accordance with the provisions of that Act; to validate the appointment of certain members of such boards purported to have been made in accordance with the provisions of any law or any constituent document or memorandum of association and articles of association pertaining to the State-owned enterprise which have been repealed or amended by the State-owned Enterprise Governance Act, 2006; to impose on the boards of State-owned enterprises an obligation to submit for approval to the portfolio Minister within a specifi ed time a statement on investment policies, standards and procedures of the Stateowned enterprise; and to provide for incidental matters.
Date of text
Repealed
Yes
Serial Imprint
Government Gazette No. 4146 of 22 October 2008.
Source language

English

Legislation Amendment
No