Limpopo
South Africa
South Africa
Limpopo Economic Development Agency Act, 2016
Act 5 of 2016
- Published in Limpopo Provincial Gazette 2850 on 8 September 2017
- Assented to on 11 August 2017
- Commenced on 2 October 2017
- [This is the version of this document from 8 September 2017 and includes any amendments published up to 5 April 2024.]
1. Definitions
In this Act unless the context indicates otherwise—"Agency" means the Limpopo Economic Development Agency established in terms of section 3;“Board” means the Limpopo Economic Development Agency Board established in terms of section 5;“Chairperson” means the chairperson of the Board appointed in terms of section 7(5);"Chief Executive Officer" means the Chief Executive Officer appointed in terms of section 18;"committee" means a committee of the Board established in terms of section 13;"Department" means the Department responsible for economic development in the province;"Executive Council" means the Executive Council of the province referred to in section 132 of the Constitution of the Republic of South Africa, 1996;"MEC" means the Member of the Executive Council responsible for economic development in the province;"member" means a member of the Board appointed in terms of section 7;"organ of state" means an organ of state as defined in section 239 of the Constitution of the Republic of South Africa, 1996;"prescribe" means prescribed by regulations;"Public Finance Management Act, 1999" means the Public Finance Management Act, 1999 (Act No. 1 of 1999);"senior staff" means executive managers that report directly to the Chief Executive Officer; and"this Act" includes regulations made or issued in terms of this Act.2. Object of Act
The object of the Act is to establish an economic development agency for the province.3. Establishment of Agency
Part II – The Board, Chief Executive Officer, staff and Funding of Agency
4. Objectives of Agency
5. Board of Agency
6. Powers and functions of Board
7. Appointment of members of Board
8. Term of office
9. Resignation and removal from office
10. Vacancies
11. Remuneration and allowances
12. Meetings
13. Committees
14. Appointment of experts
The Board may, whenever it deems appropriate, appoint an expert to assist the Board or committee in performing its functions.15. Dissolution of Board and interim Board
16. Directives and submission of matters to MEC
17. Disclosure of interest
18. Chief Executive Officer
19. Removal of Chief Executive Officer
20. Staff of Agency
21. Funding of Agency
The Agency is funded by monies—22. Revenue of Agency
23. Procurement by Agency
When the Agency procures any goods or services, the Agency must ensure that it follows a procurement system which is fair, equitable, transparent, competitive and cost effective and which complies with the Preferential Procurement Policy Framework Act, 2000 and the Public Finance Management Act, 1999.24. Reports of Agency
25. Regulations
The MEC may make regulations regarding any matter prescribed in terms of this Act or necessary to achieve the objects of this Act.26. Delegation
27. Use of name of Agency
No person, company, business entity or association of persons may carry on business under a name that is the same as or so closely resembles that of the Limpopo Economic Development Agency.28. Subsidiary of Agency
Part III – Repeal of Laws and transitional arrangements
29. Repeal of law
The Limpopo Development Corporation Act, 1994 (Act No. 5 of 1994) is hereby repealed.30. Transitional arrangements
31. Short title and commencement
History of this document
02 October 2017
Commenced
08 September 2017 this version
11 August 2017
Assented to