Webbthe Small Industries Development Organization. (2) The Organization shall be a body corporate and shall-(a) have perpetual succession and a common seal; (b) in its corporate name be capable of suing and being sued; I (c) subject to this Act, be capable of purchasing and otherwise acquir-ing and of alienating, any movable or immovable … WebbIndustrial Development Corporation Act, 1977 (Act No. 50 of 1977). 4. (1) After the audits in terms of section 3, the Small 15 Business Development Corporation shall issue at par …

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