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Parliament Seeks Comment on Overvaal Resorts Bill

May 8, 2018

Portfolio Committee on Public Enterprises

The portfolio committee on public enterprises seeks comment on the Repeal of the Overvaal Resorts Limited Bill.

The bill was tabled in parliament in December 2017.

The proposed legislation was drawn up by the public enterprises department.

The bill seeks to repeal the Overvaal Resorts Limited Act 123 of 1997.

The act is the founding legislation of Aventura.

The bill will complete the winding down of Aventura.

Cabinet took a decision in 2001 to dispose of the Aventura resorts as they were regarded as non-core assets of government.

The bill stipulates that despite the repeal of the act, the servitudes acquired under section 3(2) continue to be of force and effect.

The committee invites comment on the bill until 18 May 2018.