Land and Agricultural Development Bank Act, 2002 (Act No. 15 of 2002)Part II : Management of Bank9. Appointment and term of office of Board member |
(1) | The Minister may appoint a Board member for such period as the Minister may determine in the case of each member but such period may not exceed five years. |
(2) | Any Board member may after the expiry of his or her term of office be reappointed as a Board member unless he or she— |
(a) | was removed from his or her office by the Minister in terms of section 12; or |
(b) | has become disqualified in terms of section 10 to serve as a member of the Board. |
(3) | Despite subsection (1), the Minister may, before the term of office of any Board member has expired, extend the term of office of a Board member until a new Board has been appointed, but the period of that extension may not exceed six months. |