Business Regulatory Act, 2014 | Act 3 of 2014 — Zambia law | Esheria

Business Regulatory Act, 2014

A non-ex officio Committee member serves a three-year term, may resign with one month’s written notice, may be re-appointed, and can stay on temporarily for up to three months until a successor is appointed.

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Jurisdiction
Zambia
Instrument
Act or statute
Citation
Act 3 of 2014
Version
24 Mar 2014
Language
en
Official source
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appointments audit committee allowances committee funding committee governance committee procedure confidentiality delegation disclosure of interest document disclosure fees financial management financial reporting financial year governance grants legal immunity meeting governance meeting procedure offences and penalties parliamentary reporting public compensation record keeping reporting +3 more

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Statute overview

About this statute

A non-ex officio Committee member serves a three-year term, may resign with one month’s written notice, may be re-appointed, and can stay on temporarily for up to three months until a successor is appointed. The Minister may appoint another member to fill a vacancy, and the replacement member serves only for the rest of the term. The Committee may set its own procedure, but it must meet at least quarterly and follow the notice, quorum, and voting rules set out here. The Committee may create sub-committees, delegate functions to them, appoint their members, and let them set their own procedure, subject to the Committee’s directions. The Minister may decide the allowances paid to Committee and sub-committee members.