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Special Economic Zones Act, 2014 (Act No. 16 of 2014)

Chapter 6 : Special Economic Zone Operator

33. Requirements for application for Special Economic Zone operator permit

 

(1) An applicant for an operator permit must—
(a) be a person appointed by a Special Economic Zone Board to develop, operate and manage that Special Economic Zone in terms of section 31;
(b) be a person registered as a company in the Republic;
(c) have sufficient financial resources and expertise to develop, operate and manage a Special Economic Zone; and
(d) comply with such other criteria and requirements as may be prescribed.

 

(2) The Minister may make regulations regarding—
(a) additional criteria for applications for operator permits;
(b) any condition that may be imposed on operator permits, including conditions relating to businesses that may be operated in Special Economic Zones;
(c) any measure to promote the effective monitoring of the conditions contained in operator permits; and
(d) any other matter necessary to facilitate the issuing of an operator permit.

 

 


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