Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

11.1	A member will be disqualified from serving on the council if he/she:

11.1.1

ceases to represent his/her stakeholders;

11.1.2

becomes an unrehabilitated insolvent;

11.1.3

is convicted of a crime and sentenced to more than six months' imprisonment and having to serve without the option of a fine;

11.1.4

contravenes and or violates the provisions of the MAC Transformation Charter.

11.2	A stakeholder will be disqualified if found to have violated the provisions of the MAC Charter Council's Constitution.