National Small Business Act, 1996 (Act No. 102 of 1996)Chapter 3: Small Enterprise Development Agency12. Terms of office of non-executive members of Board |
| 1) | A non-executive member of the Board- |
| a) | holds office for a period of three years which the Minister may extend for further periods of three years each or such shorter periods as the Minister may determine; |
| b) | serves on the terms and conditions determined by the Minister and specified in the letter of appointment of the member; and |
| c) | may resign by giving three months’ written notice to the Minister or as stipulated in the letter of appointment. |
| 2) | If a member of the Board dies, resigns or his or her appointment is terminated in terms of section 13C before the expiration of the period for which he or she was appointed, the Minister may, subject to the provisions of section 11(2) and (4), appoint a person to fill the vacancy for the unexpired portion of the period for which such member was appointed. |