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Agrement South Africa Act, 2015 (Act No. 11 of 2015)

14. Dissolution of Board

 

(1) If the Minister, on reasonable grounds, believes that the Board is not performing its obligations under this Act or the PFMA, the Minister may, in writing, request copies of the records, including minutes of meetings and financial statements of Agrément South Africa in order to ascertain the extent of the Board’s compliance or non-compliance with this Act or the PFMA.

 

(2) The Chief Executive Officer must furnish the copies of the records requested by the Minister in terms of subsection (1) within 15 days from the date of the Minister’s request.

 

(3) The Minister may appoint an investigator to—
(a) investigate the affairs of the Board; and
(b) prepare a report in respect of such investigation for the Minister.

 

(4) An investigator must be given access to all documentation or information relevant to the investigation held by or on behalf of Agrément South Africa.

 

(5) Amember of the Board, the Board, the Chief Executive Officer, staff of Agrément South Africa or a person appointed by Agrément South Africa must co-operate fully with an investigation conducted by the investigator.

 

(6) The Minister may dissolve the Board by notice in the Gazette, after consultation with the members of the Board on an enquiry contemplated in subsection (1) or an investigation contemplated in subsection (3).

 

(7) If the Board is dissolved in terms of subsection (6), the Minister shall exercise the powers and perform the duties of the Board in terms of this Act and the PFMA until a new Board is appointed.