Act No. 22 of 2015

Act No. 22 of 2015 » Protection of I nvestment Act, 2015

Title	Act No. 22 of 2015 » Protection of I nvestment Act, 2015
Department	Parliament of the Republic of SA
Gazette	National Gazettes, No. 39514 of 15 December, 2015, 15 page(s), 189Kb
Act	Act No. 22 of 2015

2     No. 39514                       GOVERNMENT GAZETTE, 15 December 2015
                         Act No. 22 of 2015                              Protection of Investment Act, 2015

(English text signed by the President)
                                               (Assented to 13 December 2015)

ACT

To provide for the protection of investors and their investments; to achieve a
                         balance of rights and obligations that apply to all investors; and to provide for
                         matters connected therewith.

PREAMBLE
                         CONSCIOUS of the obligation to protect and promote the rights enshrined in the
                         Constitution;
                         RECOGNISING the importance that investment plays in job creation, economic
                         growth, sustainable development, and the well-being of the people of South Africa;
                         AFFIRMING that the State is committed to maintaining an open and transparent
                         environment for investments;

DESIROUS of promoting investment by creating an environment that facilitates
                         processes that may affect investments;

CONSIDERING the responsibility of the government to provide a sound legislative
                         framework for the protection of all investments, including foreign investments, pursuant
                         to constitutional obligations;
                         SECURING a balance of rights and obligations of investors to increase investment in
                         the Republic;
                         EMPHASISING the rights related to access to just administrative action, access to
                         justice, access to information and all other rights set out in the Bill of Rights;
                         RECOGNISING the obligation to take measures to protect or advance persons, or
                         categories of persons, historically disadvantaged in the Republic due to discrimination;

ACKNOWLEDGING that investment must be protected, in accordance with the law,
                         administrative justice and access to information;

REAFFIRMING the government’s right to regulate in the public interest in accordance
                         with the law;

COGNISANT of the government’s commitment in respect of international law to
                         ensure that human rights, fundamental freedoms and protection of peoples’ resources
                         are adequately protected,

Type your email for free alerts on latest Parliament of the Republic of South Africa notices as they are published

greengazette

Act No. 22 of 2015

Links

Publications