‘Special Economic Zone’ or ‘SEZ’ means-

(a)     an area designated by the Minister of Trade and Industry in terms of the Manufacturing Development Act, 1993 (Act No. 187 of 1993), as an industrial development zone and which is in terms of section 39(2) of the Special Economic Zones Act regarded to be an SEZ designated under that Act; or

(b)     an area designated as a Special Economic Zone in terms of section 23(6) of the Special Economic Zones Act;

[Definition of ‘Special Economic Zone’ or ‘SEZ’ inserted by section 16 of Act 16 of 2016 effective on 19 January 2017]