Close Corporations Act, 1984 (Act No. 69 of 1984)Part IX : Winding up77. Resignation and absence of liquidator |
(1) | At the request of a liquidator the Master may relieve him of his office upon such conditions as the Master may think fit. |
(2) | A liquidator shall not be absent from the Republic for a period exceeding 60 days, unless— |
(a) | the Master has before his departure from the Republic granted him permission in writing to be absent; and |
(b) | he complies with such conditions as the Master may think fit to impose. |
(3) | Every liquidator who is relieved of his office by the Master, or who is permitted to absent himself for a period exceeding 60 days from the Republic, shall give notice thereof in the Gazette. |