CHAPTER 72:01
BOTSWANA POSTAL SERVICES (TRANSITION)

ARRANGEMENT OF SECTIONS

    SECTION

PART I
Preliminary

    1.    Short title

    2.    Interpretation

PART II
Registration, conversion and financial interest

    3.    Registration and continuation of Post

    4.    Conversion of financial interest

    5.    Tax exemptions

    6.     Licence

PART III
Financial provisions

    7.    Borrowing powers

PART IV
Miscellaneous

    8.    Transitional Provisions

    9.    Reference to certain terms

    10.    Repeal of Cap. 72:01

Act 22, 1989,
S.I. 2, 1990,
Act 16, 2012,
S.I. 4, 2013,
Act 1 of 2014,
S.I. 48, 2014.

An Act to provide for the registration of Botswana Postal Services under the Companies Act, for its continued existence as if it had been incorporated under the Companies Act and for matters incidental thereto.

[Date of Commencement: 1st May 2014]

PART I
Preliminary (ss 1-2)

1.    Short title

    This Act may be cited as the Botswana Postal Services (Transition) Act.

2.    Interpretation

    In this Act, unless the context otherwise requires—

    "Board" means the Board of the Botswana Postal Services established under the Botswana Postal Services Act (Cap. 72:01);

    "Botswana Privatisation Asset Holding Proprietary (Limited)" means a company wholly owned by the Government of Botswana and established under the Companies Act (Cap. 42:01) whose objectives include to collect, receive and hold the portion of assets from privatised entities that are reserved for purposes of economic empowerment of the citizens of Botswana;