Gauteng
South Africa
South Africa
Gauteng Enterprise Propeller Act
Act 5 of 2005
- Published in Gauteng Provincial Gazette 22 on 26 January 2006
- Assented to on 19 January 2006
- Not commenced
- [This is the version of this document from 9 April 2009 and includes any amendments published up to 8 November 2024.]
- [Amended by Gauteng Enterprise Propeller Amendment Act, 2009 (Act 1 of 2009) on 9 April 2009]
Chapter 1
1. Definitions
Chapter 2
Establishment of GEP
2. Establishment of Gauteng Enterprise Propeller
3. Application of the Public Finance Management Act
4. Objectives of GEP
5. Responsibilities of GEP
In order to achieve its objectives, GEP may:6. Guarantees
No guarantee may be issued in terms of this Act unless it is issued through the MEC in accordance with the requirements of section 66(3)(d) of the Public Finance Management Act.Chapter 3
The Board of GEP
7. Constitution of Board and appointment of members
8. Disqualifications for appointment or membership
9. Termination of membership of the Board
10. Term of office of members of the Board
11. Responsibilities of the Board
12. Executive Committee
13. Committees of the Board
14. Delegations of the Board’s responsibilities
15. Expert assistance
16. Board member’s conflicts of interest
17. Meetings of the Board
18. Conduct of meetings
19. Resolution without meeting
Chapter 4
Chief Executive Officer
20. Appointment of the Chief Executive Officer
21. Employment contract and performance agreement
22. Disqualification from holding office of Chief Executive Officer and termination of office
23. Responsibilities of Chief Executive Officer
24. Appointment of personnel
25. Delegation by Chief Executive Officer
26. Chief Executive Officer’s disclosure of interest and conflict of interests
Chapter 5
Planning, finances and reporting
27. Financial year
The financial year of GEP begins on 1 April and ends on 31 March of the following year.28. Funds of GEP
29. Strategic plan
30. Financial records and statements
31. Reporting
Chapter 6
Powers of MEC
32. Determination of guidelines
33. Regulations and amendment of Schedule
34. Designated institutions
Chapter 7
General provisions
35. Restriction of use of name
36. Confidentiality
37. Transitional provisions
38. Short title and commencement
This Act is called the Gauteng Enterprise Propeller Act, 2005, and comes into operation on a date fixed by the Premier by proclamation in the Provincial Gazette.History of this document
09 April 2009 this version
26 January 2006
19 January 2006
Assented to
Cited documents 4
Act 4
1. | Public Finance Management Act, 1999 | 2237 citations |
2. | Labour Relations Act, 1995 | 1981 citations |
3. | Income Tax Act, 1962 | 1628 citations |
4. | Constitution of the Republic of South Africa, 1996 | 601 citations |