Pension Funds Act, 1956 (Act No. 24 of 1956)
R 385
Housing Development Agency Act, 2008 (Act No. 23 of 2008)23. Delegation by chief executive officer and chief financial officer |
| 1) | The chief executive officer and the chief financial officer may delegate to an employee of the Agency any of his or her powers and assign any of his or her duties. |
| 2) | Any delegation contemplated in subsection (I)- |
| a) | may be made subject to such conditions as the Board may determine: |
| b) | must be communicated to the delegatee in writing; |
| c) | may be amended or withdrawn in writing by the chief executive officer or chief financial officer, as the case may be; and |
| d) | does not prohibit the holder of the office that made the delegation from exercising that power or performing that duty. |
| 3) | Notwithstanding a delegation or assignment contemplated in subsection (1), the chief executive officer or the chief financial officer, as the case may be, is not divested of any power or duty so delegated or assigned. |
