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Eskom Conversion Act, 2001 (Act No. 13 of 2001)

1. Definitions

 

 

In this Act, unless the context indicates otherwise-

 

"Companies Act"

means the Companies Act, 1973 (Act No. 61 of 1973);

 

"date of conversion"

means the date determined in terms of section 3(1);

 

"Eskom"

means the juristic person referred to in section 2 of the Eskom Act and upon conversion means Eskom Holdings Limited;

 

"Eskom Act"

means the Eskom Act, 1987 (Act No. 40 of 1987);

 

"Income Tax Act"

means the Income Tax Act, 1962 (Act No. 58 of 1962);

 

"Minister"

means the Minister of Public Enterprises;

 

"security"

means any bill of exchange, promissory note or instrument issued by Eskom as security for any loan negotiated by it;

 

"Shareholder compact"

means the performance agreement to be entered into between Eskom and the government of the Republic of South Africa, including annexures thereto, as amended from time to time.