Companies Act, 1973 (Act No. 61 of 1973)

Chapter XVB: Financial reporting standards

Purchase

1)	The Panel shall-

a)	determine the procedures to be followed at its meetings;

b)	determine the procedures to be followed by an investigation committee;-

c)	meet at least twice a year on dates set by the chairperson,

2)	The procedures determined under subsection (1)( b) shall be in accordance with the Promotion of Administrative Justice Act, 2000 (Act No. 3 of 2000).

3)	Each member present at a meeting of the Panel shall have one vote and the decision of a majority of the members at any meeting of the Panel where at least two thirds of the members are present, constitutes a decision of the Panel.