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Table of Contents
South African National Water Resources Infrastructure Agency SOC Limited Act, 2024 (Act No. 34 of 2024)
Notice No. 5170 of 2024
Act
Preamble
Chapter 1 : Definitions and Purpose
1. Definitions and interpretations
2. Purpose of Act
Chapter 2 : Establishment of Agency
3. Establishment of Agency
4. Memorandum of Incorporatation of Agency
5. Objects of Agency
6. Functions of Agency
Chapter 3 : Governance of Agency
7. Governance and composition of Board
8. Role of Board
9. Principles to guide Board
10. Appointment of non-executive Board members
11. Chairperson and deputy chairperson
12. Terms of office and conditions of appointment of non-executive Board members
13. Disqualification and removal of Board members
14. Vacancies
15. Shareholder's compact
16. Establishment of committees
17. Fiduciary duties of Board members
18. Disclosure of interests of Board members
19. Recovery of improper profits
20. Validity of decisions
21. Delegation of powers and assignment of functions by Board
22. Meetings of Board
Chapter 4 : Chief Executive Officer and Chief Financial Officer
23. Appointment and functions of Chief Executive Officer and Chief Financial Officer
24. Terms of office and conditions of appointment of Chief Executive Officer and Chief Financial Officer
25. Appointment of person to act as Chief Executive Officer or Chief Financial Officer
26. Interim Chief Executive Officer
27. Suspension from office of Chief Executive Officer and Chief Financial Officer
28. Delegation by Chief Executive Officer
29. Appointment of employees
Chapter 5 : Financial Matters, Reporting and Accountability
30. Funds of Agency
31. Government support to Agency and loans by Agency and subsidiaries
32. Annual budget, long-term financial plan and corporate plan
33. Submission of quarterly reports and corporate plans
34. Financial statements and annual report
35. Board to notify Minister of significant events
Chapter 6 : Transfer of National Water Resources Infrastructure and Disestablishment of TCTA
36. Transfer of national water resources infrastructure
37. Disestablishment of TCTA
38. Registering of real rights
39. Transfer of personal servitude
40. Disposal and transfer of national water resources infrastructure
41. Acquiring State land
Chapter 7 : Powers of Minister
42. Delegation by Minister
43. Additional functions
44. Expropriation by Minister
45. Investigation of Agency
46. Intervention by Minister
47. Regulations
Chapter 8 : Miscellaneous Provisions
48. Subsidiary company
49. Liquidation
50. Documents relating to litigation against Agency
51. Transitional provisions and savings
52. Offences and penalties
53. Short title and commencement
Notices
Commencement of the South African National Water Resources Infrastructure Agency SOC Limited Act, 2024 (Act 34 of 2024)
Notice No. 5851 of 2025
Chapter 1 : Definitions and Purpose
Purchase
1. Definitions and interpretations
2. Purpose of Act
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