Non-Profit Organisations Act, 1997
R 385
South African Schools Act, 1996 (Act No. 84 of 1996)Chapter 6 : Transitional Provisions52. Transitional provisions relating to schools other than private schools |
1) | Any school which was established or was deemed to have been established in terms of any law governing school education in the Republic of South Africa and which existed immediately prior to the commencement of this Act, other than a private school referred to in section 53 is deemed to be a public school. |
2) | The assets and liabilities, which vested in a school contemplated in subsection (1) immediately prior to the commencement of this Act, vest in the public school in question. |
3) | Funds and other moveable assets used by, or held for or on behalf of, a public school contemplated in subsection (1) and which in law are the property of the State, remain at the disposal of the school, and devolve on the school on a date and subject to conditions determined by the Minister by notice in the Government Gazette, after consultation with the Council of Education Ministers. |
4) | Any transaction entered into prior to the commencement of this Act by a school contemplated in subsection (1), which had the effect of transferring funds or other assets of such school to another person or body without value, is invalid. |