Small Enterprises Development Corporation Act [Chapter 24:12].
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act provides for the establishment of the Small Enterprises Development Corporation and the Small Enterprises Development Board, defines powers and functions of the Corporation and provides for the functioning and financing of the Corporation.
The functions of the Corporation shall be to: (a) encourage and assist in the establishment of cooperatives and small commercial or industrial enterprises; (b) provide financial assistance, management counselling and training, information, advice or assistance to cooperatives and small commercial or industrial enterprises; (c) advise the Minister on all matters connected with cooperatives and small commercial or industrial enterprises. Loans or financial assistance may be granted by the Corporation on the security of land or registered real right.
The functions of the Corporation shall be to: (a) encourage and assist in the establishment of cooperatives and small commercial or industrial enterprises; (b) provide financial assistance, management counselling and training, information, advice or assistance to cooperatives and small commercial or industrial enterprises; (c) advise the Minister on all matters connected with cooperatives and small commercial or industrial enterprises. Loans or financial assistance may be granted by the Corporation on the security of land or registered real right.
Attached files
Web site
Long title of text
An Act to establish the Small Enterprises Development Corporation and to provide for the functions thereof; to provide for the constitution and functions of the Small Enterprises Development Board; to regulate the financial affairs of the Small Enterprises Development Corporation; and to provide for matters incidental to and connected with the foregoing.
Notes
Consolidated version of Act No. 16 of 1983 as amended last by Act No. 22 of 2001.
Repealed
No
Source language
English
Legislation Amendment
No