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

19. Vacating of and removal from office of chief executive officer and chief financial officer

 

1) The Board must, in consultation with the Minister and subject to applicable labour legislation, remove the chief executive officer and chief financial officer from office-
a) for misconduct;
b) for failing to perform the duties connected with that office diligently;
c) if the chief executive officer or the chief financial officer becomes subject to any disqualification contemplated in section 11.

 

2) The chief executive officer and the chief financial officer may resign on written notice of at least 30 days to the chairperson.

 

3) The Board may suspend the chief executive officer or the chief financial officer during misconduct proceedings against him or her.