Intellectual Property Rights from Publicly Financed Research and
R 385
Water Services Act, 1997 (Act No. 108 of 1997)Chapter IX : Financial Assistance to Water Services Institutions66. 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. |