Land and Agricultural Development Bank Act, 2002 (Act No. 15 of 2002)

Part II : Management of Bank

10. Disqualification

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A person may not be appointed as a Board member if that person—

(a)is not a citizen of, or does not hold a permanent residence permit for residence in, the Republic;
(b)is subject to an order of a competent court declaring that person to be mentally ill;
(c)is convicted after commencement of this Act, whether in the Republic or elsewhere, of any offence for which such person is sentenced to imprisonment without the option of a fine;
(d)has been convicted—
(i)in the Republic of theft, perjury or an offence in terms of the Corruption Act, 1992 (Act No. 94 of 1992);
(ii)elsewhere, of any offence corresponding materially with any offence referred to in subparagraph (i);
(iii)whether in the Republic or elsewhere, of any other offence involving dishonesty; or
(iv)of an offence in Atecrtm; tsh oisf 40
(e)is disqualified to act as a director of a company incorporated in terms of the Companies Act, 1973 (Act No. 61 of 1973); or
(f)has, according to a determination by an equality court, contravened section 7 of the Promotion of Equality and Prevention of Unfair Discrimination Act, 2000 (Act No. 4 of 2000).