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National Small Business Act, 1996 (Act No. 102 of 1996)

Chapter 3: Small Enterprise Development Finance Agency

10. Objectives of Agency

 

The objectives of the Agency are to—

 

(a) design and implement development support programmes for small enterprises;

 

(b) promote a service delivery network that increases the contribution of small enterprises to the South African economy, and enhances economic growth, job creation and equity to historically disadvantaged communities;

 

(c) support, promote and develop co-operative banks and co-operative financial institutions; and

 

(d) generally, strengthen the capacity of—
(i) service providers to support small enterprises; and
(ii) small enterprises to compete successfully domestically and internationally.

 

[Section 10 substituted by section 4 of the National Small Enterprise Amendment Act, 2024 (Act No. 21 of 2024), GG50965, Notice No. 5049, dated 23 July 2024 - effective 1 October 2024 per Commencement Notice 190 of 2024]