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

Regulations

Regulations made in terms of section 41 of the Special Economic Zones Act, 2014 (Act No. 16 of 2014)

Schedule A

14. Transitional arrangements

 

(1) An industrial development zone operator must, within twelve months of commencement of the Act, submit a plan with timelines to the Director-General on the how the industrial development zone will comply with the framework regulating Special Economic Zones as contemplated in section 39(5) of the Act including:
(a) compliance with the governance and management obligations for a Special Economic Zone as contemplated in section 25 of the Act;
(b) compliance with reporting obligations for a Special Economic Zone as contemplated in sections 26, 27 and 28 of the Act;
(c) compliance with the obligations to appoint an operator as contemplated in section 31 of the Act;
(d) compliance with the functions of an operator contemplated in section 35 of the Act; and
(e) compliance by businesses located in the industrial development zone with the obligations contemplated in section 24(4) and section 38 of the Act.