Auditing Profession Act, 2005 (Act No. 26 of 2005)

Chapter II : Independent Regulatory Board for Auditors

Part 6 : Funding and financial management of Regulatory Board

25. Funding

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The Regulatory Board is funded from—

(a)the collection of prescribed fees;
(b)all other monies which may accrue to the Regulatory Board from any other legal source, including sanctions imposed by the Regulatory Board; and
(c)moneys appropriated for that purpose by Parliament.