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Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993)

Chapter II : Administration of Act

5. Power of Director-General to acquire and alienate immovable property and to raise money


(1) The Director-General may with the approval of the Minister
(a) raise money by way of loans;
(b) purchase or otherwise acquire immovable property, and alienate such property.


(2) Immovable property acquired under subsection (1) shall be held in the name of the Director-General in trust for the compensation fund.