National Small Business Act, 1996 (Act No. 102 of 1996)Chapter 3: Small Enterprise Development Agency15. Finances of Agency |
| 1) | The funds of the Agency consist of- |
| a) | money appropriated by Parliament; |
| b) | grants, donations and bequests made to the Agency; |
| c) | money lawfully obtained by the Agency from any other source. |
| 2) | All monies received by the Agency must be deposited into a banking account in the name of the Agency with a bank established under the Banks Act, 1990 (Act No. 94 of 1990), or a mutual bank established under the Mutual Banks Act, 1993 (Act No. 124 of 1993). |
| 3) | The Board may, up to an amount approved from time to time by the Minister in consultation with the Minister of Finance, raise short-term loans at any time by way of overdrawing its account with a bank or otherwise, to meet any casual deficits that may arise. |
| 4) | The financial year of the Agency begins on 1 April and ends on 31 March of the following year. |
| 5) | The Chief Executive Officer is the accounting officer of the Agency. |