CREDIT AGREEMENTS AMENDMENT ACT

OFFICE OF THE PRESIDENT

No. 1540. 6 October 1995

NO. 79 OF 1995: CREDIT AGREEMENTS AMENDMENT ACT, 1995

It is hereby notified that the President has assented to the following Act which is hereby published for general information:-

GENERAL EXPLANATORY NOTE:

_____Words underlined with a solid line indicate insertions in existing enactments.

ACT

To amend the Credit Agreements Act, 1980, so as to make provision for the assignment of certain powers and duties to a competent authority within the jurisdiction of the government of a province; and to provide for matters connected therewith.

(English text signed by the President.) (Assented to 28 September 1995.)

BE IT ENACTED by the Parliament of the Republic of South Africa, as follows:-

Insertion of section 2A in Act 75 of 1980

1. The following section is hereby inserted in the Credit Agreements Act, 1980, after section 2:

"Assignment of powers and duties by Minister

2A. The Minister may by notice in the Gazette assign any power conferred and any duty imposed upon the Director-General: Trade and Industry by or under this Act to a competent authority within the jurisdiction of the government of a province".

Short title

2. This Act shall be called the Credit Agreements Amendment Act, 1995.