Public Finance Management Act, 1999
R 385
Housing Development Agency Act, 2008 (Act No. 23 of 2008)15. Committees |
1) | The Board may from time to time appoint one or more committees. |
2) | The Board must- |
a) | assign members of the Board to serve on a committee, based on their knowledge and skills; |
b) | determine the- |
i) | terms of reference of a committee; |
ii) | composition of a committee; |
iii) | tenure of members on a committee; |
iv) | reporting mechanisms of a committee; and |
v) | method and reasons for removal of a member from a committee. |
3) | Non-executive members of the Board must make up the majority of the members of a Committee. |
4) | The Board may appoint specialists to a committee for their technical support. |
5) | Unless specially delegated by the Board a committee has no decision-making powers and can only make recommendations to the Board. |
6) | A committee must meet as often as is necessary in order to carry out its functions and may determine its own procedures. |
7) | Each committee must be chaired by a non-executive member of the Board. |