BANKSETA AR 31 AUGUST

ANNUAL FINANCIAL STATEMENTS NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2022

23. REMUNERATION OF MEMBERS OF THE ACCOUNTING AUTHORITY, COMMITTEE MEMBERS AND MANAGEMENT (CONTINUED)

Remuneration of Independent committee members

Meeting and preparation fees

Ad hoc meetings

Total 2021/22

Total 2020/21

R’000

R’000 R’000 R’000

P Dala - Chairperson (appointed effective 01 December 2020)

156

10

166

51

N Maharaj (term ended 31 July 2020)

Independent ARC members

-

-

-

47

L Mangquku (appointed effective 20 February 2020) T Mbatha (appointed effective 01 December 2020) M Pillay (appointed effective 01 December 2020) Aggregate remuneration independent ARC committee members Aggregate remuneration of all members of the Accounting Authority and its sub committees

-

-

-

15

53

-

53

26

96

1

97

26

305

11

316

165

2 684

796

3 480

3 439

Number of persons

16

20

189

PART E: FINANCIAL INFORMATION | BANKSETA ANNUAL REPORT 2021/22