The Laws of Zambia
4. (1) There shall be a Board of Directors which shall, subject to the provisions of
this Act, control the operations of the Corporation.
Board of Directors
(2) The Board shall consist of-
(a)
a Chairman appointed by the Minister on such terms and conditions as the
Minister thinks fit; and
(b)
not less than six nor more than nine other directors appointed by the
Minister on such terms and conditions including remuneration and
allowances as he thinks fit.
(3) The directors shall elect a Vice-Chairman from amongst themselves.
(4) A public officer may be appointed a director but not more than three public
officers shall be directors at any one time.
5. (1) Subject to the provisions of this section, a director shall hold office for a
period of three years and may be reappointed at the expiry of his term.
(2) On the expiration of the period for which a director is appointed, he shall
continue to hold office until his successor has been appointed but in no case shall such
further period exceed three months.
(3) The office of a director shall become vacant-
(a)
upon resignation in accordance with subsections (4) and (5);
(b)
if the Minister is satisfied by reason of a director's(i)
failure to comply with the terms and conditions of his office; or
(ii)
connection with a company or firm referred to in section six;
that it would be detrimental to the interests of the Corporation or otherwise
inexpedient for the director to continue to hold office; and the provisions of
this paragraph shall apply mutatis mutandis to the Chairman;
(c)
if he is absent, without the permission of the Chairman, from three
consecutive meetings of the Board of which he has had notice;
(d)
if he is adjudged bankrupt; or
Copyright Ministry of Legal Affairs, Government of the Republic of Zambia
Tenure of office and
vacancy