Development of Policy, Legal, and Insitutional Framework for - ppiaf
Development of Policy, Legal, and Insitutional Framework for - ppiaf
Development of Policy, Legal, and Insitutional Framework for - ppiaf
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<strong>Development</strong> <strong>of</strong> <strong>Policy</strong>, <strong>Legal</strong>, & Institutional <strong>Framework</strong> <strong>for</strong> the PPP Program in Malawi<br />
Final Report<br />
(i) the design <strong>and</strong> construction <strong>of</strong> an infrastructure facility, together with<br />
the operation <strong>of</strong> services relating to it <strong>and</strong> the provision <strong>of</strong> finance, if<br />
required, <strong>for</strong> such design, construction <strong>and</strong> operation; or<br />
(ii) the construction <strong>of</strong> an infrastructure facility, together with the<br />
operation <strong>of</strong> services relating to it <strong>and</strong> the provision <strong>of</strong> finance, if<br />
required, <strong>for</strong> such construction <strong>and</strong> operation; or<br />
(iii) the design <strong>and</strong> construction <strong>of</strong> an infrastructure facility, together with<br />
the provision <strong>of</strong> finance <strong>for</strong> such design <strong>and</strong> construction; or<br />
(iv) the provision <strong>of</strong> services relating to an infrastructure facility <strong>for</strong> not<br />
less than 5 years <strong>and</strong> the provision <strong>of</strong> finance, if required, <strong>for</strong> such<br />
services;<br />
(b) to the extent that a public-private partnership arrangement involves an<br />
existing infrastructure, the Government Authority will only undertake such<br />
work after ensuring that the Privatisation Unit has no plans to undertake similar<br />
work in terms <strong>of</strong> the Public Enterprises (Privatisation) Act;<br />
(c) subject to subsection (4), arrange or provide <strong>for</strong> a payment to a partner,<br />
(d) enter, where appropriate, into an agreement (in this Act referred to as a<br />
‘‘direct agreement’’) with a person who has arranged or provided funding <strong>for</strong> the<br />
partner <strong>for</strong> the carrying out <strong>of</strong> the public-private partnership arrangement,<br />
(e) transfer an interest, or part <strong>of</strong> an interest, <strong>of</strong> the Government Authority in an<br />
infrastructure facility or part <strong>of</strong> an infrastructure facility, to the partner, or,<br />
subject to the prior consent <strong>of</strong> the appropriate Minister or, if the Government<br />
Authority is a Minister <strong>of</strong> the Government, subject to the consent <strong>of</strong> the Minister<br />
<strong>for</strong> Finance, to a nominee <strong>of</strong> the partner by transfer, assignment, conveyance,<br />
grant <strong>of</strong> lease or licence or otherwise,<br />
(e) take a transfer <strong>of</strong> an interest <strong>of</strong> the partner or a nominee <strong>of</strong> the partner, in an<br />
infrastructure facility or part <strong>of</strong> an infrastructure facility, by transfer, assignment,<br />
conveyance, grant or surrender <strong>of</strong> lease or licence or otherwise.,<br />
(2) Subject to subsection (3) <strong>and</strong> (4) the Government Authority may, whether or not <strong>for</strong><br />
consideration, transfer, convey or assign its interest in any real or personal property<br />
(including leaseholds) owned or held by such Government Authority to a company<br />
<strong>for</strong>med under Section 13 <strong>for</strong> the purpose <strong>of</strong> enabling such a company to carry out its<br />
financing functions in connection with public investment projects.<br />
(3) A Government Authority shall not convey, assign or transfer any such property to<br />
any such company unless the consent <strong>of</strong> the Minister <strong>and</strong> the appropriate Minister has<br />
been obtained.<br />
THE INSTITUTE FOR PUBLIC-PRIVATE PARTNERSHIPS 112