National Empowerment Fund Act, 1998 (Act No. 105 of 1998)

6. Personal requirements in respect of trustees

Purchase

(1) The trustees must be persons who—

(a) are committed to—

(i) fairness, transparency and accountability on the part of those entrusted with public office;

(ii) the objects and principles of this Act;

(b) when viewed collectively—

(i) predominantly represent a broad cross-section of the historically disadvantaged persons of the Republic;

(ii)	possess expertise and experience in the fields of, amongst others, law, economics, business practice, development practice, capital markets and finance;

(iii) are reasonably reflective of the gender composition of the historically disadvantaged persons; and

(iv) are fairly representative of the various provinces of the Republic.