Allied Health Professions Act, 1982 (Act No. 63 of 1982)Chapter 1 : Allied Health Professions Council of South Africa: Establishment, Objects and Functions12. Funds of the council |
| (1) | All fees payable in terms of this Act shall be paid to the council and shall, together with such money as may be obtained or received by the council from any other source, constitute the funds of the council, and the council shall utilise its funds for defraying expenses incurred in connection with the performance of its functions. |
| (2) | The council may invest any moneys not required for immediate use and may establish such reserve funds and deposit such amounts therein as it may deem necessary or expedient. |
| (3) | The council may make financial grants from its own funds to assist in the financial operation of a professional board if it is convinced that such a professional board cannot be adequately financed by its registered practitioners. |
[Section 12(3) inserted by section 12 of Act No. 50 of 2000]
| (4) | All professional boards shall submit audited income and expenditure statements to the council on an annual basis. |
[Section 12(4) inserted by section 12 of Act No. 50 of 2000]