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Special Economic Zones Act, 2014 (Act No. 16 of 2014)

Regulations

Special Economic Zones Governance and Management Regulations

6. Disqualification from membership of the Board

 

(1) A person may not be appointed as a member of the Board if that person—
(a) is an unrehabilitated insolvent;
(b) has been declared by a High Court with jurisdiction to be mentally ill;
(c) has been convicted of an offence—
(i) in the Republic or elsewhere, other than an offence committed prior to 27 April 1994;
(ii) associated with a political objective and sentenced to imprisonment without the option of a fine; or
(iii) relating to fraudulent activities or any other offence involving dishonesty and sentenced to a fine or imprisonment, or both a fine and imprisonment;
(d) has at any time been removed from an office of trust on account of breach of fiduciary duties; or
(d) is otherwise disqualified in terms of section 69 of the Companies Act, 2008 (Act No. 71 of 2008)