Marketing of Agricultural Products Act, 1996
R 385
National Council on Gender-Based Violence and Femicide Act, 2024 (Act No. 9 of 2024)18. Funds of Council |
(1) | The funds of the Council consist of— |
(a) | monies appropriated by Parliament for this purpose; |
(b) | donations or contributions received from any source; |
(c) | trust funds vested in the Council; |
(d) | interest derived from investments; and |
(e) | money received from any other source. |
(2) | Monies appropriated by Parliament for this purpose— |
(a) | constitute earmarked funds on the applicable vote; and |
(b) | may not be used for any other purpose, unless the Board has been consulted and the National Treasury approves such use. |
(3) | Subject to the Public Finance Management Act, the Board— |
(a) | is charged with the responsibility of accounting for monies received or paid out for or on account of the administration and functioning of the Council and for donations, contributions or gifts in accordance with National Treasury regulations; and |
(b) | may cause the necessary accounting and other related records to be kept, which records must be audited in terms of section 4(3) of the Public Audit Act, 2004 (Act No. 25 of 2004). |
(4) | The Board must utilise the funds— |
(a) | to cover costs in connection with— |
(i) | the day-to-day operation and administration of the Council; and |
(ii) | the performance of the duties and functions of the Council and the exercise of its powers in terms of this Act; and |
(b) | for the payment of remuneration, allowances and subsistence and travelling expenses of the members, the Chief Executive Officer and the Secretariat. |
(5) | Any donations or contributions contemplated in subsection (1)(b) must be utilised in accordance with the conditions, if any, imposed by the donor or contributor concerned, which conditions must not be contrary to purpose of the Act. |
(6) | The Chief Executive Officer must, in compliance with the Public Finance Management Act and in consultation with the Board— |
(a) | open an account in the name of the Council with an institution registered as a bank in terms of the Banks Act, 1990 (Act No. 94 of 1990); and |
(b) | deposit therein all money received in terms of this section. |