Section 18: Issue of IHS certificate, PDS certificate or SCS certificate
consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
18. Issue of IHS certificate, PDS certificate or SCS certificate
Where the Board considers that the investor has satisfied the requirements of the Invest Hotel Scheme, Property Development Scheme or Smart
City Scheme prescribed under this Act for the issue of an IHS certificate, a
PDS certificate or a SCS certificate, it shall, within 30 days of the date of
receipt of the application under section 16, approve the scheme and issue an
IHS certificate, a PDS certificate or a SCS certificate on such terms and conditions as the Board may determine.
[S. 18 repealed and replaced by Act 29 of 2004; s. 6 (d) of Act 21 of 2006 w.e.f. 1 October
2006; amended by s. 18 (iv) of Act 17 of 2007 w.e.f. 22 August 2007; s. 23 (f) of Act 14 of
2009 w.e.f 30 July 2009; s. 31 (g) of Act 9 of 2015 w.e.f. 14 May 2015.]