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Water Services Act, 1997 (Act No. 108 of 1997)

Chapter IX : Financial Assistance to Water Services Institutions

66. Regulations on financial assistance

 

(1) The Minister may make regulations relating to financial assistance in terms of this Act concerning—
(a) the financial feasibility of the construction, operation and maintenance of water services;
(b) the manner in which financial assistance must be applied for; and
(c) the terms and conditions where under any grant or loan may be made or subsidy may be given.

 

(2) In making such regulations, the Minister must consider—
(a) the main objects of this Act as set out in section 2;
(b) the need for equity and transparency; and
(c) all relevant legislation relating to financial controls.