Human Sciences Research Council Act, 2008 (Act No. 17 of 2008)

15. Funds of Council

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1)The funds of the Council consist of-
a)money appropriated by Parliament for that purpose;
b)fees, royalties or other revenue obtained in terms of this Act;
c)donations or contributions received by the Council; and
d)revenue accruing to the Council from any other source.

 

2)The Council must utilise its funds to defray the expenses incurred by the Council in the performance of its functions under this Act.

 

3)Moneys received by way of donation or contribution must be utilised in accordance with any conditions imposed by the donor or contributor concerned.

 

4)[Section 15(4) deleted by section 28 of the Science and Technology Laws Amendment Act, 2020 (Act No. 9 of 2020), GG43829, dated 22 October 2020]