Armaments Corporation of South Africa, Limited Act, 2003 (Act No. 51 of 2003)Chapter 4 : Regulations and Delegation19. Delegation |
| (1) | The Board may— |
| (a) | in writing delegate any of its powers to any official of the Corporation or any committee established in terms of this Act; and |
| (b) | assign any employee of the Corporation or any committee to perform any of the Corporation’s duties. |
| (2) | A delegation or assignment in terms of subsection (1)— |
| (a) | is subject to such limitations and conditions as the Board may impose; |
| (b) | may either be to a specific individual or to the holder of a specific post within the Corporation; and |
| (c) | does not divest the Board of the responsibility concerning the exercise of the delegated power or the performance of the assigned duty. |
| (3) | The Board may confirm, vary or revoke any decision taken by an employee or committee as a result of a delegation or assignment in terms of subsection (1) subject to any rights that may have become vested as a consequence of the decision. |