Road Accident Fund Act, 1996 (Act No. 56 of 1996)5. Financing of Fund |
| (1) | The Fund shall procure the funds it requires to perform its functions— |
| (a) | by way of a Road Accident Fund levy as contemplated in the Customs and Excise Act, 1964; and |
| (b) | by raising loans. |
| (2) | The Road Accident Fund levy paid into the National Revenue Fund in terms of the provisions of section 47(1) of the Customs and Excise Act, 1964, less any amount of such levy refunded under that Act, is a direct charge against the National Revenue Fund for the credit of the Fund. |