Public Finance Management Act, 1999 (Act No. 1 of 1999)

Regulations

Regulations for Accounting Standards Board

10. Meetings of the Board

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(1)The Chairperson of the Board decides when and where the Board meets, but a majority of the members may request the Chairperson in writing to convene a Board meeting at a time and place set out in the request.

 

(2)The Chairperson or Deputy Chairperson presides at meetings of the Board, but if both are absent from a meeting, the members present must elect another member to preside at the meeting.

 

(3)Meetings of the Board are open to the public, but the Board may close its meetings when deliberating confidential matters.