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Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)

8. Disqualification of directors

 

No person shall be a director of the board if he or she—

(a) is ineligible or disqualified to act as a director of a board of a company as defined in section 1 of the Companies Act;

[Section 8(a) substituted by section 5 of Act No. 41 of 2014]

(b) is a member of any legislature or of an executive council in the Republic, or of a similar governmental institution in the region.