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Public Finance Management Act, 1999 (Act No. 1 of 1999)

Regulations

Regulations for Accounting Standards Board

5. Termination of membership

 

(1) A person appointed to the Board ceases to be a member of the Board when that person—
(a) is no longer eligible in terms of regulation 2 to be a member;
(b) resigns; or
(c) is removed from office in terms of regulation 7.

 

(2) A member may resign by giving at least three months written notice to the Minister, but the Minister may accept a shorter notice period in a specific case.