| (1) | A person is disqualified from being appointed or continuing to serve as a member of the Board if he or she— |
| (a) | is not a citizen of the Republic; |
| (b) | is an unrehabilitated insolvent; |
| (c) | has been declared by a court to be mentally ill or unfit; or |
| (d) | has been convicted of a criminal offence. |
| (2) | The Minister may, after due enquiry, remove a member from the Board on account of— |
| (d) | absence from three consecutive meetings of the Board without the prior permission of the Board, except on good cause shown; |
| (h) | disqualification as contemplated in subsection (1). |
| (3) | A member may resign by giving 30 days written notice of his or her resignation to the Minister. |
| (4) | A member of the Board may be suspended from the Board by the Minister pending the consideration of the removal of such member from the Board. |
[Section 15W inserted by section 6 of Act No. 37 of 2013]