Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 15 : Financial Services TribunalPart 2 : Financial Services Tribunal222. Staff and resources |
(1) | The Chairperson may, in accordance with applicable law— |
(a) | for the work of the Tribunal— |
(i) | appoint persons as employees; |
(ii) | enter into secondment arrangements; or |
(iii) | engage persons on contract otherwise than as employees; |
(b) | enter into contracts; |
(c) | acquire and dispose of property; |
(d) | insure the Tribunal against any loss, damage, risk or liability that it may suffer or incur; and |
(e) | do anything else necessary for the performance of the Tribunal’s functions. |
(2) | The Chairperson may not enter into a secondment arrangement in respect of a person, or engage persons as employees or on contract, unless the person and the Chairperson have agreed in writing on— |
(a) | the performance measures that must be used to assess that person’s performance; and |
(b) | the level of performance that must be achieved against those measures. |