SMD

Annual Report 2023/2024

8.2 Legislative and Policy Mandates The following is the legislative and policy mandates that the DSBD is directly responsible for implementing, managing or overseeing:

Legislation and Policy

Mandate and Primary Outputs

Businesses Act, 1991 (Act No. 71 of 1991)

To repeal or amend certain laws regarding the licensing and carrying on of businesses, and shop hours; to make certain new provisions regarding such licensing and carrying on of businesses; and to provide for matters connected therewith. To develop, support and promote small enterprises to ensure their growth and sustainability. Seda provides non-financial business development and support services for small enterprises, in partnership with other role-players in the small business development environment. To provide access to finance to Survivalist, Micro, Small and Medium businesses throughout South Africa. sefa supports the development of sustainable SMMEs through the provision of finance. To provide for the formation and registration of Co-operatives; the establishment of a Co-operatives Advisory Board; the winding up of Co-operatives; the repeal of Act 91 of 1981; and matters connected therewith. To create an enabling environment for Co-operative enterprises which reduces the disparities between urban and rural businesses and is conducive to entrepreneurship. To promote the development of economically sustainable Co-operatives that will significantly contribute to the country’s economic growth. To increase the number and variety of economic enterprises operating in the formal economy. To increase the competitiveness of the Co-operative sector so that it is better able to take advantage of opportunities emerging in national, African and international markets. To encourage persons and groups who subscribe to the values of self-reliance and self-help, and who choose to work together in democratically controlled enterprises and to register Co-operatives in terms of this Act. To enable such Co-operative enterprises to register and acquire a legal status separate from their members. To promote greater participation by black persons, especially those in rural areas, Women, and Persons with Disabilities (PWDs) and youth in the formation of and management of Co-operatives. To establish a legislative framework that will preserve the Co operative as a distinct legal entity. To facilitate the provision of support programmes that target Co operatives, specifically those that create employment or benefit disadvantaged groups. To provide for the establishment, composition and functions of the Co-operatives Tribunal; to ensure compliance with the principles of intergovernmental relations; to provide for intergovernmental relations within the Co-operatives sector; and to provide for the substitution of the long title and the Preamble.

National Small Enterprise Act, 1996 (Act No.102 of 1996), as amended.

Section 3(d) of the Industrial Development Corporation Act, 1940 (Act No. 22 of 1940) (IDC Act).

Co-operatives Development Act, 2005 (Act No. 14 of 2005), as amended.

Co-operatives Development Policy for South Africa (2004)

Co-operative Amendment Act, 2013 (Act No. 6 of 2013).

Part A • GENERAL INFORMATION • Department of Small Business Development

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