Special Economic Zones Act, 2014 (Act No. 16 of 2014)

Chapter 6 : Special Economic Zone Operator

Purchase

(1)

Before issuing an operator permit in terms of section 32(4), the Minister must, on the recommendation of the Advisory Board, be satisfied that the written agreement between the Special Economic Zone Board and the operator adequately provides for the duties, terms and conditions for the development, operation and management of that Special Economic Zone by the operator, including—

(a)	the requirements and timetable for the planning, construction, supply of infrastructure and utilities within that Special Economic Zone;

(b)	the security measures that the operator must take and maintain in or around a customs controlled area defined in section 21A(1) of the Customs and Excise Act, 1964 (Act No. 91 of 1964);

(c)	the facilities that the operator must provide in order to enable the Advisory Board or a Special Economic Zone Board, as the case may be, to exercise its functions within that Special Economic Zone; and

(d)	the construction timetable and milestone schedule for that Special Economic Zone.

(2)	The Minister must determine the duration of an operator permit.

(3)	The Minister may prescribe any other requirement or condition in respect of an operator permit.