Public Finance Management Act, 1999
R 385
Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011)RegulationsSectional Titles Schemes Management Regulations, 2016AnnexuresAnnexure 1 : Management rulesPart 2 : Trustees7. Nomination, election and replacement |
(1) | A member may nominate any person for the office of trustee. |
(2) | The nomination of a trustee must be in writing, accompanied by the written consent of the person nominated and delivered to the body corporate service address at least 48 hours before the annual general meeting is due to start. |
(3) | If an insufficient number of nominations are received in terms of sub-rule (2), further nominations may be called for at the annual general meeting with the consent of the persons nominated. |
(4) | Save for the provisions of rules 5(1) and (2), trustees must be elected at the first general meeting of the body corporate and then at each subsequent annual general meeting. |
(5) | If a trustee ceases to hold office— |
(a) | the remaining trustees; or |
(b) | the members in general meeting, |
may appoint a replacement trustee.
(6) | An elected or replacement trustee holds office until the end of the next annual general meeting and is eligible for re-election, if properly nominated. |
(7) | The trustees may appoint, for a specified period, a person qualified to serve as a trustee as a replacement for any trustee who is absent or otherwise unable to perform the duties of that office. |