National Student Financial Aid Scheme Act, 1999 (Act No. 56 of 1999)

Chapter 2 : Establishment, Composition, Governance and Functions of NSFAS

Purchase

1)	The board must appoint an executive officer–

a)	to manage and administer the affairs of the NSFAS under the authority of the board;

b)	to perform the functions determined by the board;

c)	to supervise the employees of the NSFAS; and

d)	to account for the assets and liabilities of the NSFAS.

2)	The board may appoint such other employees as it deems necessary to assist the executive officer.

3)	The board must, with the concurrence of the Minister and the Minister of Finance, determine the conditions of service of the executive officer and the other employees of the NSFAS.