Government Employees Pension Law, 1996Schedule 1 : Rules of the Government Employees Pension Fund4. Management of the fund4.7 Chairperson and Vice-Chairperson of the Board |
| 4.7.1 | The chairperson of the Board is elected by the Board, from its own ranks at the first meeting of such Board by voting in terms of rules 4.9.2 (a) and 4.9.2 (b). Provided that in the event of an equality of votes, a new round of voting will take place and if such new round of voting also results in an equality of votes the name of each candidate shall in the presence of the meeting be written on a piece of paper and such papers shall be placed in a suitable container and one of these papers shall be drawn from the container. The candidate whose name is so drawn shall be deemed to have been duly elected. |
| 4.7.2 | Should the duly elected chairperson/vice-chairperson vacate the position for any reason whatsoever, then a new chairperson/vice-chairperson will be elected from among the ranks of the trustees at the next duly called meeting of the Board of Trustees following upon the vacancy arising. |
| 4.7.3 | The Board elects a vice-chairperson from its ranks and in this regard the provisions contained in rule 4.7.1 shall apply mutatis mutandis. In the absence of the chairperson as well as the vice-chairperson at any meeting of the Board, the trustees present at such a meeting, elect a chairperson from their ranks in which case the arrangement set out in rule 4.7.1 mutatis mutandis applies. |