Public Service Commission Act, 1997
R 385
Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)RegulationsRegulations made under Section 17Forfeiture of shares30. Loss of membership |
A person whose shares have been forfeited shall cease to be a member in respect of the forfeited shares, but shall nevertheless remain liable to pay to the Bank for all moneys which, at the date of forfeiture, were payable by him or her to the Bank in respect of the shares, but his or her liability shall cease if and when the Bank has received payment in full of the nominal amount of the shares.
