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Property Practitioners Act, 2019 (Act No. 22 of 2019)

Chapter 2 : Board of Authority

9. Powers and duties of Board

 

The functions of the Board are to—

 

(a) ensure that the Authority complies with this Act and any other applicable law;

 

(b) ensure that the Authority performs its duties efficiently and effectively;

 

(c) provide corporate governance for the Authority;

 

(d) determine and enforce the broad policy framework within which the Authority must pursue its objects and perform its functions;

 

(e) ensure that the Authority exercises its powers in accordance with the principles of transparency and accountability;

 

(f) manage the marketing, promotion, sale, lease, financing, purchasing, registration and transfer of property of the Authority;

 

(g) advise the Minister on—
(i) the efficacy of this Act;
(ii) the state of transformation of the industry;
(iii) prescribing of regulations;
(iv) education and training of property practitioners; and
(v) any other matter on which the Minister requires the advice of the Board;

 

(h) maintain the Fund and hold it in trust; and

 

(i) perform any other power or duty conferred on the Board by this Act or any other applicable law.