Acts Online
GT Shield

National Empowerment Fund Act, 1998 (Act No. 105 of 1998)

4. The Trust

 

 

(1) The Trust is constituted as a body corporate with perpetual succession, and subject to the provisions of this Act, will be capable in law, in its own name, of suing and being sued, of acquiring, holding and alienating movable and immovable property, and of performing such acts as a body corporate may by law perform.

 

(2)        The Trust shall consist of not less than 7 but not more than 11 trustees appointed in terms of section 8.