Bantu Investment Corporation Act, 1959

Bantu Investment Corporation Act, 1959

Parliament of South Africa
Long title Act to constitute a Corporation the object of which is to promote and encourage industrial and other undertakings and to act as a development, financial and investment institution among Bantu persons in the Bantu areas, and to provide for other incidental matters.
Citation	Act No. 34 of 1959
Enacted by	Parliament of South Africa
Royal assent	15 May 1959
Commenced	3 June 1959
Repealed	24 April 1968
Administered by	Minister of Bantu Administration and Development
Repealed by
Promotion of the Economic Development of Bantu Homelands Act, 1968
Status: Repealed

The Bantu Investment Corporation Act, Act No 34 of 1959, formed part of the apartheid system of racial segregation in South Africa. In combination with the Bantu Homelands Development Act of 1965, it allowed the South African government to capitalize on entrepreneurs operating in the Bantustans. It created a Development Corporation in each of the Bantustans.^[1]

References

[edit]

^ "Legislation: 1950s". South African History Online. Retrieved 3 May 2010.

v t e Apartheid legislation in South Africa
Precursors (before 1948)	Hut tax (1884) Franchise and Ballot Act (1892) Glen Grey Act (1894) Natal Legislative Assembly Bill (1894) Transvaal Asiatic Registration Act (1906) South Africa Act (1909) Mines and Works Act (1911) Natives Land Act (1913) Natives (Urban Areas) Act (1923) Immorality Act (1927) Native Administration Act (1927) Representation of Natives Act (1936) Native Trust and Land Act (1936) Native (Urban Areas) Consolidation Act (1945) Asiatic Land Tenure Act (1946)
Malan to Verwoerd (1948–1966)	Prohibition of Mixed Marriages Act (1949) Immorality Amendment Act (1950) Population Registration Act (1950) Group Areas Act (1950) Suppression of Communism Act (1950) Native Building Workers Act (1951) Separate Representation of Voters Act (1951) Prevention of Illegal Squatting Act (1951) Bantu Authorities Act (1951) Native Laws Amendment Act (1952) Pass Laws Act (1952) Public Safety Act (1953) Native Labour (Settlement of Disputes) Act (1953) Bantu Education Act (1953) Reservation of Separate Amenities Act (1953) Natives Resettlement Act (1954) Group Areas Development Act (1955) Riotous Assemblies Act (1956) Industrial Conciliation Act (1956) Natives (Prohibition of Interdicts) Act (1956) Immorality Act (1957) Bantu Investment Corporation Act (1959) Extension of University Education Act (1959) Promotion of Bantu Self-government Act (1959) Unlawful Organizations Act (1960) Indemnity Act (1961) Coloured Persons Communal Reserves Act (1961) Republic of South Africa Constitution Act (1961) Urban Bantu Councils Act (1961) General Law Amendment Act (1963) Coloured Persons Representative Council Act (1964)
Post-Verwoerd (1966–1994)	Terrorism Act (1967) Separate Representation of Voters Amendment Act (1968) Prohibition of Political Interference Act (1968) Bantu Homelands Citizenship Act (1970) Bantu Homelands Constitution Act (1971) Aliens Control Act (1973) Indemnity Act (1977) National Key Points Act (1980) - List of National Key Points Internal Security Act (1982) Intimidation Act (1982) Black Local Authorities Act (1982) Republic of South Africa Constitution Act (1983)

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