Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993)Chapter II : Administration of Act5. Power of Director-General to acquire and alienate immovable property and to raise money |
| (1) | The Director-General may with the approval of the Minister— |
| (a) | raise money by way of loans; |
| (b) | purchase or otherwise acquire immovable property, and alienate such property. |
| (2) | Immovable property acquired under subsection (1) shall be held in the name of the Director-General in trust for the compensation fund. |