Section 5: Board of Trustees
consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
5. Board of Trustees
(1) For the purpose of managing the Foundation and exercising any of its
powers, there shall be established a Board of Trustees which shall consist of
12 members to be appointed as provided in subsection (3).
(2) —
(3) (a) The members of the Board shall be appointed in December of
every year by the President on nomination made in that behalf by the Chairperson and sent in writing to the President on or before 1 December in every
year.
(b) Where for any cause no nomination is so made on 1 December in
any year, the members of the Board shall be selected and appointed by the
President.
[S. 5 amended by Act 48 of 1991.]
[Issue 1] L14 – 2