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Road Accident Fund Act, 1996 (Act No. 56 of 1996)

6. Financial year of and budgeting for Fund

 

(1) The financial year of the Fund shall run from 1 April of any year to 31 March of the following year.

 

(2) The Chief Executive Officer shall annually prepare a budget for the Fund for consideration by the Board, and the Board shall submit the budget to the Minister for approval.