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Companies Act, 2008 (Act No. 71 of 2008)

Chapter 8 : Regulatory Agencies and Administration of Act

Part C : Takeover Regulation Panel

198. Chairperson and deputy chairpersons

 

(1) The Minister may designate—
(a) one of the members of the Panel to be the chairperson of the Panel; and
(b) two of its members to be deputy chairpersons of the Panel.

 

(2) Either deputy chairperson may exercise and perform the powers and duties of the chairperson whenever the chairperson is unable to do so or while the office of chairperson is vacant.