(1) | The department may only register a producer responsibility organisation if such organisation meets the minimum requirements contemplated in subregulation (2). |
(2) | A producer responsibility organisation— |
(a) | must be an autonomous body established by producers by following a due process; |
(b) | must be a registered not-for-profit company; |
(c) | must be managed by a board of directors comprised of representatives from producers; and |
(d) | adhere to the Companies Act 2008 (Act No. 71 of 2008) in terms of good corporate governance and management of conflicts of interest. |
[Regulation 11(2) substituted by section 11 of Notice No. 400, GG44539, dated 5 May 2021]