| (1) |
The National Parks Land Acquisition Fund established by section 12A of the National Parks Act, 1976 (Act No. 57 of 1976), continues to exist as a separate fund under the administration of South African National Parks despite the repeal of that Act by section 90 of this Act. |
| (2) |
The Fund is administered by South African National Parks and consists of— |
| (a) |
any voluntary contributions, donations and bequests received by South African National Parks for the purpose of the Fund; |
| (b) |
money appropriated by Parliament for the purpose of the Fund; |
| (c) |
the proceeds of land sold by South African National Parks which it has acquired in terms of section 81; |
| (d) |
income derived from investing any credit balances in the Fund; |
| (e) |
money borrowed by South African National Parks in terms of section 56(f) for the purpose of the Fund; and |
| (f) |
money derived from any other source for the purpose of the Fund. |
| (3) |
The money in the Fund may be used— |
| (i) |
the acquisition of private land or a right in or to private land in terms of section 80 or 81; or |
| (ii) |
the cancellation of a servitude or a right in land in terms of section 82 or 83; or |
| (b) |
to defray expenses incurred by South African National Parks in connection with the management of the Fund. |
| (a) |
keep account of the Fund separately from the other money of South African National Parks; and |
[Section 77 inserted by section 21 of Act No. 31 of 2004]
Gas Regulator Levies Act, 2002
