Land and Agricultural Development Bank Act, 2002 (Act No. 15 of 2002)Part II : Management of Bank11. Vacating of office by Board member |
| (2) | The chairperson may resign as chairperson of the Board, remaining as a Board member, on one month's written notice to the Minister. |
| (3) | A Board member must vacate his or her office if he or she has been absent from more than two consecutive meetings of the Board without leave of the chairperson for each such absence. |
| (4) | If the office of a non-executive Board member becomes vacant before the expiry of the period for which he or she was appointed, the Minister must appoint another person to fill the vacancy for the unexpired period of office of that member. |