Acts Online
GT Shield

Gas Act, 2001 (Act No. 48 of 2001)

Chapter I : Definitions and Objects

2. Objects of Act

 

The objects of this Act are to—

(a) promote the efficient, effective, sustainable and orderly development and operation of gas transmission, storage, distribution, liquefaction and regasification facilities and the provision of efficient, effective and sustainable gas transmission, storage, distribution, liquefaction, re-gasification and trading services;
(b) facilitate investment in the gas industry;
(c) ensure the safe, efficient, economic and environmentally responsible transmission, distribution, storage, liquefaction and re-gasification of gas;
(d) promote companies in the gas industry that are owned or controlled by historically disadvantaged South Africans by means of licence conditions so as to enable them to become competitive;
(e) ensure that gas transmission, storage, distribution, trading, liquefaction and re-gasification services are provided on an equitable basis and that the interests and needs of all parties concerned are taken into consideration;
(f) promote skills among employees in the gas industry;
(g) promote employment equity in the gas industry;
(h) promote the development of competitive markets for gas and gas services;
(i) facilitate gas trade between the Republic and other countries; and
(j) promote access to gas in an affordable and safe manner.