| 1) |
The Board may establish subcommittees and may appoint any of its members to join one or more of such subcommittees, which must, subject to the instructions of the Board, perform those functions of the Board as the Board may determine. |
| a) |
A subcommittee contemplated in subsection (1) consists of such number of persons, including at least one Board member and any employees of the South African National Energy Development Institute, as the Board deems necessary. |
| b) |
The Board may at any time dissolve or reconstitute a subcommittee. |
| 3) |
If a subcommittee referred to in subsection (1) consists of more than one member, the Board must designate one member as a Chairperson. |
| 4) |
The South African National Energy Development Institute may pay the members of a subcommittee referred to in subsection (1) who are— |
| a) |
not in the full-time service of the State; |
| b) |
not employees of the South African National Energy Development Institute; and |
| c) |
not members of the Board, |
the remuneration and allowances determined by the Minister, with the concurrence of the Minister of Finance.
| 5) |
The Board shall not be discharged from its responsibility for any function performed in terms of this section by any subcommittee of the Board. |
Stamp Duties Act, 1968 (Act 77 of 1968)
