Nauru Small Business Enterprises Act 2025.

The Nauru Small Business Enterprises Act 2025 aims to promote and support small business development in Nauru through the establishment of a National Coordinating Committee for Small Business Enterprises and a dedicated Small Business Enterprises Fund. The Act outlines the Committee’s functions and powers, including policy coordination and oversight, while the Fund is intended to provide financial assistance to eligible small businesses. It also sets conditions for fund usage, accountability, and access to expenditure records by the Secretary. Additionally, the Act includes provisions for offenses, regulatory powers, and the classification of what constitutes a small business enterprise. The text consists of 14 Articles and has one Schedule.