Section 66: Composition of National Committee on Corporate Governance
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
66. Composition of National Committee on Corporate Governance
(1) (a) The National Committee on Corporate Governance shall consist
of—
(i) a chairperson;
(ii) the Chief Executive Officer; and
(iii) not more than 9 other members.
(b) The chairperson and the members referred to in paragraph (a) (iii)
shall be appointed by the Minister from amongst persons having wide
experience or expertise in legal, financial, corporate and business matters.
(2) Every member of the National Committee on Corporate Governance
shall hold office for a period of 3 years on such terms and conditions as the
Minister may determine, and shall be eligible for reappointment.
(3) The National Committee on Corporate Governance may co-opt any
person who may be of assistance in relation to any matter before it.
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(4) The Minister may terminate the appointment of any member of
the National Committee on Corporate Governance on any of the grounds
specified in section 37 (3) (b) (i), (iii), (iv) and (v) of the Interpretation and
General Clauses Act.
(5) Every member shall be paid such fees as the Minister may determine.
[S. 66 amended by s. 23 (e) of Act 18 of 2016 w.e.f. 7 September 2016.]
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