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Social Service Professions Act, 1978 (Act No. 110 of 1978)

Chapter I : Council for Social Service Professions

12. Funds of council

 

(1) The funds of the council shall consist of—
(a) the moneys received by the council in terms of this Act;
(b) the fines imposed and recovered in terms of this Act;
(c) the moneys appropriated by Parliament for achieving the objects of the council;
(d) the moneys obtained by way of loans raised by the council with the approval of the Minister;
(e) any moneys accruing to the council from any other source.

 

(2) The council shall use its funds for defraying the expenditure incurred in the achievements of its objects and the performance of its functions under this Act.

 

(3) The council may invest any unexpended portion of its funds.