National Railway Safety Regulator Act, 2002 (Act No. 16 of 2002)Chapter 12 : General and Transitional Provisions54. Financial assistance |
| (1) | Where a proposed activity, construction or any other work is, likely to improve the safety of a railway or safe railway operations, application may be made by the board or any person to the Minister for financial assistance in respect of that proposed activity, construction or other work. |
| (2) | Where an application is received by the Minister in terms of subsection (1), the Minister may, if satisfied that the application has been duly made and that safe railway operations are likely to be enhanced by the carrying out of the proposed activity, construction or other work, authorise financial assistance for the purpose of defraying the costs of the whole or part of the activity, construction or other work. |
| (3) | The financial assistance referred to in subsection (2) must be from funds— |
| (a) | appropriated by Parliament for that purpose; or |
| (b) | which may in terms of this Act be used for the purposes in question. |
| (4) | A person who willfully fails to comply with any obligations imposed by this Act is not eligible for financial assistance in terms of this Act. |
| (5) | The Minister may make regulations concerning— |
| (a) | eligibility for financial assistance; |
| (b) | the manner in which financial assistance must be applied for; and |
| (c) | the terms and conditions applicable to any financial assistance granted. |