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Housing Development Agency Act, 2008 (Act No. 23 of 2008)

10. Functions of Board

 

The Board-

a) must give effect to the mandate contemplated in section 8 and to the strategy of the Agency in order to achieve the objectives of the Agency;
b) is the accounting authority of the Agency;
c) takes decisions on behalf of the Agency and gives effect to those decisions;
d) provides guidance to the chief executive officer concerning the exercise of the functions of the Agency;
e) must notify the Minister immediately of any matter that may prevent or materially affect the achievement of the objects or financial targets of the Agency; and
f) must refer to the Minister any matter concerning the adverse functioning of the Agency.

 

 


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