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

Part II : Management of Bank

4. Control of Bank by Board
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(1)The Minister must appoint a board of directors to manage the business of the Bank.

 

(2)Whenever it is necessary to appoint a member of the Board the Minister must, by notice in the Gazette as well as in other appropriate media and by written invitation to the relevant parliamentary committees, call for the nomination of persons who are not disqualified in terms of section 10 to serve on the Board.