Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Nuclear Energy Act, 1999 (Act No. 46 of 1999)Chapter II The South African Nuclear Energy Corporation, Limited17. Vacation of office |
| (a) | if the director repeatedly has failed to perform the duties of that office efficiently; |
| (b) | if, because of any physical or mental illness or disability, the director has become incapable of performing the functions of that office or performing them efficiently; or |
| (c) | for misconduct. |
| (2) | A director vacates office— |
| (a) | upon becoming disqualified in terms of section 16(3); |
| (b) | when discharged in terms of subsection (1); |
| (c) | upon having been absent from three consecutive meetings of the Board without the chairperson’s permission, unless the Board has condoned the absence on good reasons advanced; and |
| (d) | when the person’s resignation as a director takes effect. |
