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Cross-Border Road Transport Act, 1998 (Act No. 4 of 1998)

Part 3 : Cross-Border Road Transport Agency

18. Financing of Agency

 

(1) The Agency must finance its operating and capital costs from-
(a) money levied in connection with-
(i) the application and issuing of any permit; or
(ii) subject to the provisions of this Act, the dissemination of any useful information, advice or research findings;
(b) money collected from the imposition of fines in terms of this Act;
(c) donations; and
(d) money appropriated by Parliament from time to time for that purpose.

 

(2) The Agency must utilise any money contemplated in subsection (1) in accordance with the statement of estimated expenditure referred to in subsection (3).

 

(3) The Agency—
(a) must in each financial year, at a time determined by the Minister, submit a statement of estimated income and expenditure in respect of its objectives and functions for the following financial year to the Minister and to the Minister of Finance for their approval; and
(b) may in any financial year submit adjusted statements of estimated income and expenditure to the Minister and the Minister of Finance for their approval.