Intellectual Property Rights from Publicly Financed Research and
R 385
primary bank account
a) | in relation to a province, means a bank account of the Provincial Revenue Fund held with a commercial bank which the head of the department in the provincial treasury has certified to the National Treasury as the bank account into which all conditional allocations, other than the Gautrain Rapid Rail Link Grant, in terms of this Act must be deposited; and |
b) | in relation to a municipality, means the bank account of the municipality as determined in terms of section 8 of the Municipal Finance Management Act; |