Housing Development Agency Act, 2008 (Act No. 23 of 2008)10. Functions of Board |
The Board-
| a) | must give effect to the mandate contemplated in section 8 and to the strategy of the Agency in order to achieve the objectives of the Agency; |
| b) | is the accounting authority of the Agency; |
| c) | takes decisions on behalf of the Agency and gives effect to those decisions; |
| d) | provides guidance to the chief executive officer concerning the exercise of the functions of the Agency; |
| e) | must notify the Minister immediately of any matter that may prevent or materially affect the achievement of the objects or financial targets of the Agency; and |
| f) | must refer to the Minister any matter concerning the adverse functioning of the Agency. |