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Section 18F: Examination by IPFTC

Investment Promotion Act · PART IVA: BUSINESS FACILITATION AND PUBLIC-PRIVATE PARTNERSHIP

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.

18F. Examination by IPFTC (1) On receipt of a notification under— (a) section 18CA (4) (a); or (b) section 5A (5) (a) of the Small and Medium Enterprises Development Authority Act, the IPFTC shall examine the reasons and may make such recommendation to the relevant public sector agency as it may determine. (2) A recommendation under subsection (1) may include a request to the Managing Director to register an applicant or issue, on behalf of a public sector agency, a relevant permit, licence, authorisation or clearance to an applicant. (3) Where the Managing Director receives a request under subsection (2), he shall register the applicant or issue the relevant permit, licence, authorisation or clearance to the applicant. [S. 18F inserted by s. 26 (a) of Act 27 of 2013 w.e.f. 21 December 2013; repealed and replaced by s. 31 (l) of Act 9 of 2015 w.e.f. 14 May 2015; amended by s. 29 (d) of Act 18 of 2016 w.e.f. 7 September 2016.]

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