Armaments Corporation of South Africa, Limited Act, 2003 (Act No. 51 of 2003)Chapter 2 : Board of Directors and Employees of Corporation7. Non-executive members of Board |
(1) | The non-executive members of the Board must be appointed by the Minister on the grounds of their knowledge and experience which, when considered collectively, should enable them to attain the objectives of the Corporation. |
(2) | The Minister must designate one of the non-executive members of the Board as chairperson of the Board and another one as deputy chairperson of the Board. |
(3) | No member of the National Assembly, the National Council of Provinces, a provincial legislature or a municipal council may be appointed as a member of the Board. |
(4) | Subject to section 6(1)(c), no officer or employee as defined in section 1 of the Public Service Act, 1994 (Proclamation No. 103 of 1994), or person appointed under a special contract contemplated in section 12A of that Act may be appointed as a member of the Board. |
(5) | A non-executive member of the Board— |
(a) | holds office for three years and may be re-appointed for one further term: and |
(b) | may resign by giving one month's written notice to the Minister. |
(6) | A non-executive member of the Board must be paid out of the funds of the Corporation such remuneration for his or her services as the Minister. after consultation with the Minister of Finance, may determine. |