National Student Financial Aid Scheme Act, 1999 (Act No. 56 of 1999)

Chapter 2 : Establishment, Composition, Governance and Functions of NSFAS

7. Vacation of office

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A person ceases to be a member of the board if he or she–

a)resigns by giving written notice to the chairperson or, in the case of the chairperson, to the Minister;
b)is absent from three consecutive meetings of the board without the leave of the chairperson or, in the case of the chairperson, the leave of the executive committee;
c)is declared insolvent, is removed from an office of trust by a court of law or is convicted of an offence involving dishonesty or an offence for which the sentence is imprisonment without the option of a fine; or
d)is declared unable to attend to his or her personal affairs by a court of law.