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Housing Development Agency Act, 2008 (Act No. 23 of 2008)

8. Mandate

 

1) The Minister must, after consultation with MINMEC, conclude a written mandate with the Agency as soon as possible, but not later than six months after the appointment of the Board.

 

2) The mandate must-
a) contain the operational and performance indicators against which the performance of the Agency is measured;
b) contain specific service delivery targets that the Agency must attain; and
c) contain directions regarding the utilisation of any surplus revenue.

 

3) The mandate may deal with any other matter that the Minister and the Agency agree on.

 

4) The mandate must be reviewed every five years.

 

5) The mandate must be consistent with this Act.