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South African Reserve Bank Act, 1989 (Act No. 90 of 1989)

Regulations Relating to the South African Reserve Bank

Chapter IV : Directors

18. Board committees



18.1) The Board shall from time to time appoint -
a) a Risk Committee;
b) an Audit Committee;
c) a Remuneration Committee; and
d) any other committee that it deems fit.


18.2) The Board, in selecting members and defining the terms of reference of the committees mentioned in Regulation 18.1, shall consider accepted norms and best practice prevailing at the time.