Medicines and Related Substances Act, 1965
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentMarketing, Advertising and Communication (MAC) Sector Charter2. Constitution of the MAC SA11. Dissolution |
11.1 | The MAC SA can only be dissolved if 60% of all voting members give their consent at a duly constituted meeting. |
11.2 | A meeting to discuss the dissolution of the MAC SA must be attended by 80% of voting members. |
11.3 | At least 21 days' notice must be given to all MAC SA members. |
11.4 | In the event that there is dissolution of the MAC SA, all assets will be ceded to the Media Development and Diversity Agency (MDDA). |