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

Regulations

Regulations made in terms of section 41 of the Special Economic Zones Act, 2014 (Act No. 16 of 2014)

Schedule A

12. Special Economic Zone operator permit

 

(1) An application for a Special Economic Zone operator permit must be in writing and must be submitted to the Chairperson of the Advisory Board:
(a) at the street address of the head office of the Advisory Board, or
(b) by registered post remitted to the Chairperson of the Advisory Board at the postal address of the head office of the Advisory Board.

 

(2) An application for a Special Economic Zone operator permit must contain—
(a) the name, address, and contact information of the applicant;
(b) confirmation in writing that the Special Economic Zone Board has complied with section 31 of the Act when appointing the applicant;
(c) the proposed contractual agreement between the applicant and the Special Economic Zone Board;
(d) an operational plan;
(e) information on the applicant's current size, capacity, financial status, access to financial resources, references and operational standards;
(f) information on the applicant's experience, skills and qualifications of the applicant's management team;
(g) information on the proposed number of employees, skills and proposed organogram of the applicant.

 

(3) The Advisory Board:
(a) must provide the applicant with a written acknowledgement of receipt within seven days of receipt of the application;
(b) may request such further documentation or particulars in writing from an applicant relating to any matter pertaining to the application as may be deemed necessary, within thirty days after receipt of the application; and
(c) may conduct such investigation and /or inspection of the applicant or request the applicant to make oral submissions to the Advisory Board as may be deemed necessary in the circumstances.

 

(4) If the Minister decides not to grant the application for an operator permit he shall:
(a) inform the applicant of the decision in writing;
(b) provide the applicant with reasons for the decision.

 

(5) The unsuccessful applicant may submit a new application for an operator permit, as provided for in these Regulations.