| 6.1 | The Funds/Schemes shall consist of— |
| 6.1.1 | all the Funds /Schemes contributions; |
[Chapter 6(6.1)(6.1.1) substituted by section 11(1) of Notice No. 333, GG43447, dated 19 June 2020]
| 6.1.2 | all interest derived from the investment of any monies or assets of the various Funds add Schemes; and |
| 6.1.3 | all other monies to which the Funds/Schemes may become entitled. |
| 6.2 | All monies accruing to the Funds/Schemes shall be deposited to the credit of the particular Funds/Schemes in a separate account with a registered bank within three working days after receipt thereof. |
| 6.3 | The monies of the Funds/Schemes shall be used for payment of benefits, administration costs and expenditures in accordance with the rules of the various Funds/Schemes. |
| 6.4 | When benefits or loans granted become payable, the amount due from the Funds/Schemes shall be paid to beneficiaries or successful applicants by cheque, electronic transfer or cash. |
| 6.5 | All cheque payments from the Funds/Schemes shall be signed by three persons duly authorised by the Council or the Board of Trustees. |
| 6.6 | Any monies not required to meet current payment of benefits, administration costs and expenditures shall be invested only in terms of section 53(5) of the Act. |
| 6.7 | [Chapter 2(6)(6.7) deleted by section 11(2) of Notice No. 333, GG43447, dated 19 June 2020] |
