18.2 INELIGIBILITY AND DISQUALIFICATION OF A DIRECTOR
This is governed by s 69 which applies to all types of director including alternate, ex-officio directors as well as board committee members or audit committee members in respect of whether they are directors or not.
S 69 talks about an ineligible person – such a person can never become a director whereas a disqualified person may become a director after that person’s terms of disqualification ends. An ineligible or disqualified director cannot be appointed or elected to serve or continue to serve as a director.
S 66(6) provides that the election of appointment of a person as a director is a nullity if at the time of election of appointment that person is ineligible or disqualified in terms of S69. For All the reasons why, a director is ineligible etc. please have a look at S69.