Road Traffic Management Corporation Act, 1999 (Act No. 20 of 1999)Chapter 8 : Miscellaneous45. Innovation |
| (1) | The Shareholders Committee must encourage innovative projects which entail technology transfers at the expiry of a concession period through— |
| (a) | the use of national goods and services; |
| (b) | training and employment of citizens; and |
| (c) | research and development. |
| (2) | The Shareholders Committee may direct that any bidder, who in preparing a bid has undertaken innovative research which is useful, be reimbursed either partially or fully for bidding costs irrespective of whether the bid is successful or not. |