South African Post Office SOC Ltd Act, 2011 (Act No. 22 of 2011)6. Performance agreement of Post Office and subsidiaries |
(1) | The Post Office must annually by a date determined by the Minister conclude a performance agreement with the Minister in terms of which the performance of the functions of the Post Office will be measured for the following year. |
(2)
(a) | The Post Office must, after concluding the agreement contemplated in subsection (1), conclude a performance agreement with its subsidiaries in terms of which the performance of the subsidiaries will be measured for the following year. |
(b) | The Post Office must provide the Minister with copies of such performance agreements. |
(3) | Subsidiaries must on a quarterly basis submit performance reports to the Post Office. |
(4) | The Post Office must on a quarterly basis submit a performance report to the Minister, which must include the performance reports contemplated in subsection (3). |