Promotion of Access to Information Act, 2000
R 385
South African National Water Resources Infrastructure Agency SOC Limited Act, 2024 (Act No. 34 of 2024)Chapter 6 : Transfer of National Water Resources Infrastructure and Disestablishment of TCTA37. Disestablishment of TCTA |
| (1) | Subject to section 36, the Minister must disestablish the TCTA as a statutory body after the date determined by the Minister in terms of section 36(5) and may take steps to wind up the TCTA. |
| (2) | Disestablishment of the TCTAmust be by notice in the Gazette, after consultation with the Minister of Finance, the Board of the TCTA and the Board of the Agency. |
| (3) | Clause 30 of Government Notice No. 277, published in Gazette No. 21017 of 24 March 2000, is hereby repealed. |
| (4) | The Minister may direct the transfer of any function or service of the TCTA prior to its disestablishment to the Agency by a written directive. |
| (5) | Any guarantee or indemnity expressed or implied by the State in favour of any contractual obligation or associated liability by the TCTA remains valid, binding and enforceable. |
