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

Regulations

Special Economic Zones Governance and Management Regulations

8. Role and responsibilities of the Board

 

(1)        The Board shall—

(a) manage the business and affairs of the Special Economic Zone entity;
(b) exercise its powers, carry out its duties and perform any of the functions of the Special Economic Zone;
(c) develop and review the strategic plan for Special Economic Zone, as contemplated in section 26 of the Act;
(d) develop, implement and review a business and financial plan for the Special Economic Zone as contemplated in section 27 of the Act;
(e) submit the strategic plan of the Special Economic Zone to the Minister, as contemplated in section 26 of the Act;
(f) submit performance reports as may be required by the Advisory Board in the fulfilment of its functions;
(g) submit such other information and documentation that the Minister may reasonably require, in accordance with the affairs of the Special Economic Zone entity; and
(h) provide effective corporate governance that includes managing the relationships between the management of the Special Economic Zone and relevant stakeholders.