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North West Entrepreneurial
Services Fund Act, No. 6 of 2016
(NOTE: Another Act labeled "6" of 2016 was earlier published in PG20170621_07775)
(NOTE: Another Act labeled "6" of 2016 was earlier published in PG20170621_07775)
Long title
To provide for the establishment of the North West Youth Entrepreneurship Services Fund; to provide for the repeal of the North West Youth Development Trust Act, 1997 (Act No. 7 of 1997); to provide for the management of the Fund by the Board of the Fund; to determine the objects, powers, duties and functions of the Fund; to determine the manner in which the Fund is to be managed, governed, staffed and financed; and to provide for matters connected therewith.
Table of contents
| SECTION | TITLE |
| PREAMBLE | |
| ARRANGEMENT OF SECTIONS | |
| CHAPTER 1. DEFINITIONS | |
| 1. | Definitions
|
| CHAPTER 2. ESTABLISHMENT, OBJECTS, POWERS AND FUNCTIONS OF NORTH WEST YOUTH DEVELOPMENT FUND | |
| 2. | Establishment of Noth West Youth Entrepreneurship Services Fund |
| 3. | Objects of Fund |
| 4. | Functions of Fund |
| CHAPTER 3. BOARD OF FUND | |
| 5. | Powers, duties
and functions of responsible Member |
| 6. | Composition of Board |
| 7. | Disqualification
from being appointed to Board |
| 8. | Declaration of
financial or other interests of members of Board |
| 9. | Failure to declare financial
or other interests by member of Board |
| 10. | Term of office
and reappointment of member of Board |
| 11. | Vacancies,
removal and resignation from office of members of Board |
| 12. | Temporary
suspension of member of Board |
| 13. | Meetings and
procedures at meetings of Board |
| 14. | Recusal of
member from meetings and proceedings of Board |
| 15. | Remuneration of
members of Board |
| 16. | Establishment
of committees to assist Board |
| 17. | Co-opting of
persons to Board or Committees of Board |
| 18. | Consultation and assistance to Board |
| CHAPTER 4. CHIEF EXECUTIVE OFFICER AND STAFF OF FUND | |
| 19. | Chief Executive
Officer of Fund |
| 20. | Functions and
duties of Chief Executive Officer |
| 21. | Resignation and
removal from office of Chief Executive Officer |
| 22. | Staff of Fund |
| 23. | Secondment or
transfer of staff to Fund |
| 24. | Policy directives |
| CHAPTER 5. FUNDING AND FINANCIAL MANAGEMENT OF FUND | |
| 25. | Funding |
| 26. | Financial
management |
| 27. | Audit and
annual report |
| 28. | Financial year
of Fund |
| 29. | Immovable
property |
| 30. | Legal proceedings against Fund |
| CHAPTER 6. GENERAL PROVISIONS | |
| 31. | Security of
confidential information held by Fund |
| 32. | Dissolution of
Fund |
| 33. | Use of name of
Fund |
| 34. | Delegations |
| 35. | Regulations |
| 36. | General
offences |
| 37. | Penalties |
| 38. | Repeal of law |
| 39. | Transitional
arrangements and validation in respect of repeal of Noth West Youth
Development Trust Act |
| 40. | Short title |
| Sch.1 | SCHEDULE 1. CODE OF CONDUCT FOR BOARD MEMBERS (Section 6(12)) |
| Sch.2. | SCHEDULE 2. (Section 6(12)) |
Legislation Text Access Point
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| As unamended Act nw_2016_006_000_20160913 | EXT.LINK | REQ.INFO | LINK |
| As amended by ... | N/A | REQ.INFO | LINK |