Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Special Economic Zones Act, 2014 (Act No. 16 of 2014)RegulationsRegulations made in terms of section 41 of the Special Economic Zones Act, 2014 (Act No. 16 of 2014)Schedule A1. Interpretation |
| (1) | In these Regulations, unless the context indicates otherwise— |
| (a) | "Business incubators" means physical, or virtual facilities that support the development of early stage small and medium enterprises through a combination of business development services, funding and access to the physical space necessary to conduct business; |
| (b) | "Fund" means the Special Economic Zones Fund contemplated in section 20 of the Act; |
| (c) | "Income Tax Act" means the Income Tax Act, 58 of 1962, |
| (d) | "Infrastructure development" includes land preparation, clearing and levelling land, storm water drainage, connecting and access roads, electrical sub-stations, storage treatment and pumping of water and sewerage, fencing, landfills, security, lighting, communications infrastructure, waste to energy co-generation and clean energy infrastructure; |
| (e) | "Site preparation" means site preparation necessary to enable businesses to locate within the Special Economic Zone including: |
| (i) | costs associated with enabling utility connections to bulk utility supply and providing road access to businesses within that Special Economic Zone; or |
| (ii) | specialist infrastructure for the benefit of one or more businesses locating in that Special Economic Zone, including a top structure that enhances the service capability and competitiveness of that Special Economic Zone. |
| (f) | "SMEs" means small and medium enterprises; and |
| (g) | "the Act" means the Special Economic Zones Act, 16 of 2014. |
| (2) | A word or expression that is defined in the Act bears the same meaning in these Regulations as in the Act, unless the context indicates otherwise. |
| (3) | A reference to a section number in these Regulations refers to the corresponding section of the Act. |
