Intellectual Property Rights from Publicly Financed Research and
R 385
National Small Business Act, 1996 (Act No. 102 of 1996)Chapter 3: Small Enterprise Development Agency11. Constitution of Board and appointment of members of Board |
| 1) | The Board must ensure that the functions of the Agency are performed and that in so doing the objectives of the Agency are achieved. |
| 2) | The Minister must appoint the non-executive members of the Board. |
| 3) | For the purpose of the appointment of the members of the Board referred to in subsection (2), the Minister must, through the media and by notice in the Gazette, invite nominations of persons as candidates for such appointment. |
| 4) | In appointing the members of the Board, the Minister must ensure that the Board represents a broad cross-section of the population of South Africa and comprises persons who reflect the South African society with special attention to race, gender, disability, geographical spread and organisations based in rural areas. |
| 5) | The Board consists of not less than seven and not more than members of whom- |
| a) | one must be a non-executive Chairperson; |
| b) | one must be a Deputy Chairperson; and |
| c) | the Chief Executive Officer, by virtue of his or her office, must be an executive director. |
| 6) | The Board must include- |
| a) | members who have experience in business; |
| b) | members who on account of their training or experience- |
| i) | are knowledgeable about trade, industry, finance or the economy; |
| ii) | have legal knowledge; |
| iii) | are knowledgeable in the management of a small enterprise. |
| 7) | The Minister may prescribe any other criteria in respect of the appointment of members. |
| 8) | All members of the Board other than the Chief Executive Officer are appointed as part-time members. |
