Non-Profit Organisations Act, 1997
R 385
South African Schools Act, 1996 (Act No. 84 of 1996)Chapter 4 : Funding of Public Schools 38. Annual budget of public school |
| 1) | A governing body of a public school must prepare a budget each year according to prescriptions determined by the Member of the Executive Council in a Provincial Gazette, which shows the estimated income and expenditure of the school for the following financial year. |
| 2) | Before a budget referred to in subsection (1) is approved by the governing body, it must be presented to a general meeting of parents convened on at least 30 days' notice, for consideration and approval by a majority of parents present and voting. |
| 3) | The notice contemplated in subsection (2) must also inform the parents that the budget will be available for inspection at the school at least 14 days prior to the meeting. |
