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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Marketing, Advertising and Communication (MAC) Sector Charter

3. Constitution of the MAC Charter Council

13. Dissolution



13.1 The council can only be dissolved if 60% of voting members give their consent at a duly constituted council meeting.


13.2 A meeting to discuss the dissolution of the council must be attended by 80% of voting members.


13.3 At least 21 days' notice must be given to all council members.


13.4 Any assets will be ceded to the MDDA.