Justice Administered Fund Act, 2017 (Act No. 2 of 2017)

7. Investment of money not immediately required

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(1)Any money in the Fund which is not required for immediate use, may be invested with a financial institution approved by the Minister of Finance, and may be withdrawn when required.

 

(2)Any unexpended balance of the money of the Fund at the end of any financial year shall be carried forward as a credit of the Fund to the next succeeding financial year.

 

(3)Any interest which may accrue to money invested as contemplated in subsection (1) must, on a monthly basis, be paid into the reserve account.