National Gambling Act, 1996 (Act No. 33 of 1996)8. Funds of Board |
| 1) | The funds of the Board shall consist of- |
| a) | money appropriated by Parliament; |
| b) | levies determined by the Board in consultation with the Minister, the Minister of Finance and the premiers of the provinces by proclamation in the Gazette and collected from persons holding licences in accordance with this Act and in terms of relevant provincial legislation for specific functions of the Board; and |
| c) | other money accruing to the Board from any source. |
| 2) | There shall be paid out of the funds of the Board such amounts as are necessary to defray any expenses incurred by the Board, including the remuneration, allowances and other employment benefits of the members, staff and inspectors of the Board. |
| 3) | The Board shall in each financial year, at a time determined by the Minister, submit to the Minister a statement of the estimated income and expenditure of the Board for the following financial year. |
| 4) |
| a) | The Board may in any financial year submit supplementary statements of the estimated expenditure of the Board for that financial year to the Minister for his approval. |
| b) | The approval of the Minister shall only be granted with the concurrence of the Minister of State Expenditure. |