National Ports Act, 2005 (Act No. 12 of 2005)

Chapter 5 : Ports Regulator

Purchase

(1)	The Minister may by notice in the Gazette determine the date on which the Regulator will cease to operate.

(2)	Upon the winding-up of the Regulator’s activities, the Minister must—

(a)	subject to applicable labour laws, determine the future of the Regulator’s employees; and

(b)	with the concurrence of the Minister of Finance, determine how the Regulator’s assets and liabilities must be dealt with.