The purpose of the National Economic, Development and Labour Council Act is to provide for the establishment of a national economic, development and labour council; to repeal certain provisions of the Labour Relations Act, 1956; and to provide for matters connected therewith.
Establishment of National Economic, Development and Labour Council
(1) There is hereby established a council to be known as the National Economic, Development and Labour Council.
(2) The Council shall be governed by an executive council and shall in addition consist of four chambers, namely -
(a) a public finance and monetary policy chamber;
(b) a trade and industry chamber;
(c) a labour market chamber; and
(d) a development chamber.
(3) The Council shall be a juristic person.
Source: SABINET
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