Statistics Act, 1999
R 385
Special Economic Zones Act, 2014 (Act No. 16 of 2014)Chapter 5 : Designation of Special Economic Zones30. Withdrawal of designation |
| (1) | Notwithstanding section 29, the Minister may, after considering a recommendation of the Advisory Board and by notice in the Gazette, withdraw any designation of an area as a Special Economic Zone which does not further the purpose set out in section 4, on such terms and conditions as the Minister may determine. |
| (2) | Before withdrawing a designation in terms of subsection (1), the Minister must— |
| (a) | inform the affected licensee, Special Economic Zone Board, operator and businesses located in the affected Special Economic Zone of the intention to withdraw the designation and the reasons for the intended withdrawal; and |
| (b) | give the affected licensee, Special Economic Zone Board, operator and businesses 30 days to submit written comments to the Minister. |
| (3) | The lawful activities of any business located within a Special Economic Zone that has entered into a written agreement with the operator are not affected by the withdrawal of the designation of that Special Economic Zone in terms of this section. |
| (4) | Nothing contained in this Act precludes the Minister from re-designating an area whose designation as a Special Economic Zone has been withdrawn. |
