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National Regulator for Compulsory Specifications Act, 2008 (Act No. 5 of 2008)

Financial Management

26. Funding and investments

 

(1) The funds of the National Regulator consist of—
(a) moneys appropriated by Parliament for that purpose;
(b) income derived by the National Regulator from its investments;
(c) fees charged in terms of section 14(3)(b); and
(d) money received from any other source.

 

(2) The National Regulator may invest any of its funds not immediately required—
(a) subject to any investment policy that may be prescribed in terms of section 7(4) of the Public Finance Management Act; and
(b) in such manner as may be approved by the Minister in consultation with the Minister of Finance.