| LegalB's Resources for Africa |
South
Africa
NATIONAL LEGISLATION OVERVIEWS
NATIONAL LEGISLATION OVERVIEWS
Industrial Development Corporation Act, No.
22 of 1940
(... Title amended by Act 2001_049_016_20011210.. was entitled "Industrial Development Act, 1940")
(... Title amended by Act 2001_049_016_20011210.. was entitled "Industrial Development Act, 1940")
Long title
To constitute a corporation the object of which shall be to promote the establishment of new industries and industrial undertakings and the development of existing industries and industrial undertakings, and to provide for other incidental matters.
Table of contents
| SECTION | TITLE |
| 1. | Interpretation |
| 2. | Constitution and registration of Industrial Development Corporation of South Africa, Limited |
| 3. | Objects of corporation |
| 3bis. | ... [... inserted by Act 1980_096_001_19800801] [... repealed by Act 1995_009_002_19950515 - was entitled "Additional object of corporation in respect of area designated by Minister"] |
| 4. | Powers of corporation |
| 5. | General lines along which corporation's powers should be exercized |
| 5bis. | Guarantees by Minister [... inserted by Act 1951_040_001_19510608] |
| 5quat. | ... [... inserted by Act 1980_096_003_19800801] [... repealed by Act 2001_049_004_20011210 - was entitled ""Power of Minister and corporation"] |
| 5quin. | ... [... inserted by Act 1984_053_003_19840418] [... repealed by Act 1995_009_004_19950515 - was entitled "Entering into agreements with governments of certain states"] |
| 6. | Board of directors |
| 7. | Alternate directors |
| 8. | Members of Parliament, provincial legislature or municipal council not to be directors [... Title amended by Act 2001_049_004520011210 - was entitled "Members of Parliament and provincial councillors not to be directors"] |
| 9. | Tenure and conditions of office of directors |
| 10. | Meetings of board |
| 11. | Managing directors |
| 12. | Share capital |
| 13. | ... [... repealed by Act 1995_009_008_19950515 - was entitled "Limitation of liability of shareholders"] |
| 14. | Meeting of shareholders of which only one shareholder is present |
| 15. | Expenditure |
| 16. | Declaration of dividends [... Title amended by Act 2001_049_009_20011210 - was entitled "Appropriation of profits"] |
| 17. | Financial statements and audit [... Title amended by Act 2001_049_010_20011210 - was entitled "Accounts and audit"] |
| 18. | Regulations |
| 19. | Information to be furnished to the Minister and to Parliament |
| 20. | Winding up of corporation |
| 21. | Use of name of corporation |
| 22. | Application of Companies Act |
| 23. | Short title |
Legislation Text Access Point
| Versions [To check whether a version has commenced, and how it was commenced, please see the Timeline for the Act, and the Annotated Text for the version.] |
Access Official Gazette PDF | Request Subscription Fee | Subscriber Access |
| As unamended Act 1940_022_000_19400520 | EXT.LINK | REQ.INFO | LINK |
| As amended by Act 1940_027_000_19420422 . | N/A | REQ.INFO | LINK |
| As amended by Act 1951_040_000_19510608 . | N/A | REQ.INFO | LINK |
| As amended by Act 1951_040_000_19510608 . | N/A | REQ.INFO | LINK |
| As amended by Act 1961_067_000_19610705 . | N/A | REQ.INFO | LINK |
| As amended by Act 1964_052_000_19640612 . | N/A | REQ.INFO | LINK |
| As amended by Act 1965_089_000_19650630 . | N/A | REQ.INFO | LINK |
| As amended by Act 1966_045_000_19661026 . | N/A | REQ.INFO | LINK |
| As amended by Act 1974_094_000_19741120 . | N/A | REQ.INFO | LINK |
| As amended by Act 1980_096_000_19800801 . | N/A | REQ.INFO | LINK |
| As amended by Act 1984_053_000_19840418 . | N/A | REQ.INFO | LINK |
| As amended by Act 1986_097_000_19860912 . | N/A | REQ.INFO | LINK |
| As amended by Act 1995_009_000_19950515 . | N/A | REQ.INFO | LINK |
| As amended by Act 1996_049_000_19961004 . | N/A | REQ.INFO | LINK |
| As amended by Act 2001_049_000_20011210 . | N/A | REQ.INFO | LINK |
| As amended by ... | N/A | REQ.INFO | LINK |
* LegalB refers to a "version" of an Act or its sections in the format "YYYY_NNN_SSS_YYYYMMDD", which refers to "YEAR OF ACT_ACT NUMBER_SECTION OF ACT_DATE OF GAZETTE", and where "DATE OF GAZETTE" refers to the "YEAR_MONTH_DAY" on the face of the Gazette in which either the Act was originally published or in which the amending, lapsing or repealing instrument was published. Where any segment of the reference string contains only zeros, it means that information is not relevant, not made available, or unavailable.
* Unbolded grey text in square brackets is additional information provided by LegalB.
* "..." indicates further information not provided by LegalB for purpose of brevity
* An Asterisk indicates uncertainty regarding information, and a double asterisk indicates information must be read in the light of our relevant Commentary.