Special Economic Zones Act, 2014 (Act No. 16 of 2014)RegulationsRegulations made in terms of section 41 of the Special Economic Zones Act, 2014 (Act No. 16 of 2014)Schedule A11. Governance and management of a Special Economic Zone |
(1) | The founding documents of a Special Economic Zone Board must provide for the following matters: |
(a) | Board role and responsibilities; |
(b) | Board membership and term; |
(c) | Chairperson of Board; |
(d) | Board committees; |
(e) | Board meetings; |
(f) | Board performance; |
(g) | conflict of interest; and |
(h) | review of founding documents. |
(2) | The Code of Conduct shall regulate the following matters: |
(a) | purpose; |
(b) | obligation to comply with Code of Conduct; |
(c) | compliance with laws and policies; |
(d) | conflict of interest; |
(e) | care and diligence |
(f) | confidentiality; |
(g) | reporting unlawful and unethical conduct; and |
(h) | review of Code of Conduct. |