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Section 4: The Board

Financial Services Act · PART II: THE FINANCIAL SERVICES COMMISSION

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.

4. The Board (1) The Commission shall be administered and managed by a Board. (2) The Board shall consist of— (a) a Chairperson, suitably qualified and experienced in the field of business, finance or law, appointed by the Prime Minister on such terms and conditions as the Prime Minister may determine; and (b) a Vice-chairperson, and not more than 5 other members, suitably qualified and experienced in the field of business, finance or law, appointed by the Minister on such terms and conditions as the Minister may determine. [Issue 8] F10 – 6 Revised Laws of Mauritius (3) Every member shall hold office for a period of 3 years and shall be eligible for reappointment. (4) Every member shall be paid by the Commission such fees as the Board may, with the approval of the Minister, determine.

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