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

Chapter 4: General Provisions

20. Regulations and amendment of Schedule

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1)The Minister may make regulations regarding-
a)any matter which in terms of this Act is required or permitted to be prescribed; and
aA)
i)the manner in which an institution may be incorporated into the Agency;
ii)the criteria for appointment of members of the Board;
iii)the design and implementation of small enterprise financial support programmes in order to-
aa)facilitate access to finance by small enterprises and small enterprise organisations;
bb)facilitate access to finance by service providers to small enterprises and small enterprise organisations;
b)generally, any other ancillary or incidental administrative or procedural matter which may be necessary or expedient to prescribe for the proper implementation or administration of this Act.

 

2)The Minister may, in order to achieve the objects of this Act, by notice in the Gazette amend the Schedule to account for inflation, macro-economic shifts in the economy, any legislation affecting small enterprise, and any other matter which could have an effect on the functionality of the Schedule.