National Empowerment Fund Act, 1998 (Act No. 105 of 1998)

11. Removal from office
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A trustee may be removed from office by the Minister on account of—

(a)        misconduct;

(b)        inability to perform the duties of his or her office effectively;

(c)absence from three consecutive meetings of the Board without the prior permission of the chairperson, except on good cause shown;
(d)failure to disclose an interest in terms of section 14(2) or attendance at, or participation in, proceedings of the Board while having an interest as contemplated in section 14(1); or
(e)any other ground which in terms of the laws and principles governing trusts constitutes the basis for his or her removal as a trustee.