Older Persons Act, 2006
R 385
Fund-raising Act, 1978 (Act No. 107 of 1978)Chapter II : Disaster Relief Fund, South African Defence Force Fund, Refugee Relief Fund, State President's Fund and Social Relief Fund17. Management of Fund |
| (2) | A board referred to in subsection (1) shall be a juristic person. |
| (3) | A board shall consist of not more than fifteen members, of whom at least one half shall be appointed on a full-time basis. |
| (4) | At least half of the members of a board shall be persons who are not officers in the public service. |
| (5) |
| (a) | A full-time member of a board shall hold office for such period, but not exceeding five years, as the Minister may determine at the time of the appointment. |
| (b) | Any other member of a board shall hold office for the period determined by the Minister at the time of the appointment. |
| (6) | A member of a board whose period of office has expired, shall be eligible for reappointment. |
| (7) | The Minister may terminate the period of office of any member if in his opinion there are good reasons for doing so. |
| (8) | No resolution of a board or any action taken on the authority of a board shall be invalid by reason only of a vacancy on the board or because any person who is not a member of the board was present at the meeting of the board in question at which such resolution was taken or such action was authorized. |
| (9) | The Minister shall designate a full-time member of a board as chairman of that board and another such member as deputy-chairman of that board. |
| (10) | The quorum for and procedure at meetings of a board shall be as prescribed. |
| (11) | A member who is not an officer of the public service shall be paid such allowances from the Fund in question as the Minister may with the concurrence of the Minister of Finance determine. |
