Special Economic Zones Act, 2014 (Act No. 16 of 2014)Chapter 6 : Special Economic Zone Operator33. 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. |