Housing Development Agency Act, 2008 (Act No. 23 of 2008)

25. Funds of Agency

Purchase

1)	The funds of the Agency consist of-

a)	money appropriated by Parliament;

b)	donations or contributions received by the Agency with the approval of the Minister;

c)	interest on investments of the Agency;

d)	loans raised by the Agency, subject to section 26:

e)	proceeds from the sale of land;

f)	fees for services rendered based on cost recovery; and

g)	subsidies and grants granted by the organs of State.

2)	The Agency, subject to section 26, must utilise the funds to defray expenses incurred by it in the performance of its functions.