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South African Post Office SOC Ltd Act, 2011 (Act No. 22 of 2011)

8. Board of Post Office

 

 

(1) The Board of the Post Office is responsible for managing the affairs of the Post Office.

 

(2) The Board consists of—
(a) not more than 11 non-executive members appointed in terms of section 11, one of whom must be the managing director of the Postbank by virtue of his or her office; and
(b) three executive members appointed in terms of section 16.

 

(3) The Chairperson and Deputy Chairperson must be appointed by the Minister from the non-executive members of the Board.

 

(4) The Board may designate any other non-executive member to act as chairperson if both the Chairperson and Deputy Chairperson are absent or unable to perform their functions.

 

(5) The Board must upon invitation by the Minister nominate non-executive members of the Board for appointment to the Board of the Postbank, as contemplated in section 14(1)(b) of the Postbank Act.

 

(6) The non-executive members of the Board appointed to the Board of the Postbank are accountable to the Board of the Post Office in respect of their functions performed as Board members of the Postbank.