No. 2532
Government Gazette 17 May 2001
43
Establishment and composition of Boards of Trustees
5.
(1) If a traditional authority of a traditional community has
established a Community Trust Fund as contemplated in section 18(3) of the
Act, that traditional authority shall for the purpose of managing and
controlling the affairs of the Fund establish a Board of Trustees, comprising(a) the chief or head leading the traditional community in respect of
which the Fund has been established, who shall be the chairperson;
(b) two senior traditional councillors of that traditional community,
designated by its traditional authority;
(c) the person appointed as secretary of that traditional authority in
terms of section 10(3) of the Act;
(d) the regional council member elected as contemplated in section 4
of the Regional Councils Act, 1992 (Act No. 22 of 1992) in respect
of the constituency in which the area of the traditional community
concerned is situated;
(e) one member of the local authority council of the local authority area
situated in the communal area of that traditional community,
designated by that local authority council;
(f) one church leader who is ordinarily resident in the communal area
of such traditional community, designated by the relevant chur ch
authority;
(g) one person who has in the opinion of that traditional authority
knowledge and experience in a financial sphere, designated by the
traditional authority, to be the secretary of the Board; and
(h) not more than three other persons representing the residents
(inclusive of the professional and business people) in the communal
area of that traditional authority, designated by that traditional
authority.
(2) Before the first occasion on which a designation of a person is to
be made in terms of subregulation(l)(e) or (f), and on each later occasion when
an office of a person so designated becomes vacant, the traditional authority
concerned shall in writing request the local authority council or church
authority, as the case may be, to designate a person as required by that sub
regulation.
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