Public Finance Management Act, 1999 (Act No. 1 of 1999)RegulationsRegulations for Accounting Standards Board13. Committees |
| (1) | The Board may— |
| (a) | appoint one or more committees to assist it in the performance of any of its functions or the exercise of any of its powers; and |
| (b) | dissolve a committee at any time. |
| (2) | When appointing members to a committee the Board is not restricted to Board members. |
| (3) | The Board— |
| (a) | must determine the functions of a committee; |
| (b) | must appoint a Chairperson and other members of a committee; |
| (c) | may remove a member of a committee at any time; |
| (d) | may determine a committee’s operating procedures; and |
| (e) | may remunerate members of committees within a framework approved by the Minister. |