South African Post Office SOC Ltd Act, 2011 (Act No. 22 of 2011)9. Functions of Board |
The Board—
| (a) | must give effect to the corporate plan of the Post Office contemplated in section 52 of the Public Finance Management Act in order to achieve the objectives of the Post Office; |
| (b) | is the accounting authority of the Post Office; |
| (c) | takes decisions on behalf of the Post Office and gives effect to those decisions; |
| (d) | provides guidance and gives instructions to the chief executive officer concerning the exercise of the functions of the Post Office; |
| (e) | must notify the Minister immediately of any matter that may prevent or materially affect the achievement of the objects or financial targets of the Post Office; and |
| (f) | generally, must refer to the Minister any matter that may adversely affect the functioning of the Post Office. |