Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)8. Disqualification of directors |
No person shall be a director of the board if he or she—
| (a) | is ineligible or disqualified to act as a director of a board of a company as defined in section 1 of the Companies Act; |
[Section 8(a) substituted by section 5 of Act No. 41 of 2014]
| (b) | is a member of any legislature or of an executive council in the Republic, or of a similar governmental institution in the region. |