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Section 6: Functions of Board of Investment

Investment Promotion Act · PART II: THE BOARD OF INVESTMENT

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.

6. Functions of Board of Investment The Board of Investment shall have such functions as, in its opinion, are necessary to further most effectively its objects, and in particular to— (a) improve investment and business environment and undertake such other activities as may be necessary to promote Mauritius as an attractive base for investments and as an international financial centre; [Issue 7] I22 – 4 Revised Laws of Mauritius (b) prepare, fund, implement and monitor programmes relating to strategies for promoting investments in Mauritius; (c) conduct research and studies in identifying investment opportunities; (d) maximise opportunities and arrangements for the development of all forms of investments and business activities in Mauritius; (e) act as a think tank in highlighting policy issues and making policy recommendations to Government to boost investment and attain Government economic objectives; (f) coordinate multi-sectoral promotional activities and be the focal point for all investment-related promotional and marketing activities for Mauritius; (g) consider and register investment proposals from investors and self-employed persons and provide necessary assistance for implementation of projects; (h) provide support services to investors and self-employed persons, including assistance to procure authorisations and permits required for establishment and operation of enterprises and to lease or purchase real estate, for activities promoted by the Board of Investment; (i) ensure coordination and co-operation between the public sector and the private sector on matters of investments and for policy decisions impacting on investment; (j) act as the single interface with all investors and liaise with relevant authorities for the granting of occupation permits, residence permits and other relevant permits required by the investor to operate in Mauritius; (k) provide all relevant information to potential investors on any matter relating to investments; and (l) do such things as are incidental or conducive to the performance of any of its functions under this section. [S. 6 amended by s. 25 (2) (c) of Act 43 of 2004 w.e.f. 1 January 2005; repealed and replaced by s. 6 (b) of Act 21 of 2006 w.e.f. 1 October 2006.]

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