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

Chapter 3A: Dispute Resolution Mechanism

17R. Disestablishment and liquidation of Office

 

(1) The Office may not be disestablished or liquidated, except by an Act of Parliament.

 

(2) In the event of such disestablishment or liquidation, the surplus assets of the Office, if any, accrue to the Agency.

 

Section 17R inserted by section 5 of the National Small Enterprise Amendment Act, 2024 (Act No. 21 of 2024), GG50965, Notice No. 5049, dated 23 July 2024]