Public Finance Management Act, 1999 (Act No. 1 of 1999)RegulationsRegulations for Accounting Standards Board5. Termination of membership |
(1) | A person appointed to the Board ceases to be a member of the Board when that person— |
(a) | is no longer eligible in terms of regulation 2 to be a member; |
(b) | resigns; or |
(c) | is removed from office in terms of regulation 7. |
(2) | A member may resign by giving at least three months written notice to the Minister, but the Minister may accept a shorter notice period in a specific case. |