Protection of Businesses Act, 1978
R 385
National Small Business Act, 1996 (Act No. 102 of 1996)Chapter 3: Small Enterprise Development Finance Agency17. Board committees |
In addition to any other Board committees permitted in terms of section 72 of the Companies Act, the Board must appoint—
| (a) | an audit and risk committee; |
| (b) | a human resources, remuneration and nominations committee, inter alia, to make recommendations of persons to be appointed to the Board in terms of section 11(2)(a); |
| (c) | a social and ethics committee; and |
| (d) | a credit and investment committee. |
[Section 17 substituted by section 4 of the National Small Enterprise Amendment Act, 2024 (Act No. 21 of 2024), GG50965, Notice No. 5049, dated 23 July 2024 - effective 1 October 2024 per Commencement Notice 190 of 2024]
