National Radioactive Waste Disposal Institute Act, 2008 (Act No. 53 of 2008)

Chapter 2 : National Radioactive Waste Disposal Institute

20. Financial management of Institute
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1)The Institute is a Schedule 3 public entity in terms of the Public Finance Management Act and is subject to the applicable provisions of that Act.

 

2)The Institute may accumulate surplus funds.

 

3)The Institute's financial year is from 1 April in any year to 31 March in the following year, both days included, but the first financial year will run from the specified date to 31 March in the following year, both days included.