| (1) | The funds of the CSIR shall consist of— |
| (a) | money appropriated by Parliament to enable the CSIR to perform its functions, |
| (b) | [Sub-section (1)(b) deleted by section 7(a) of Act No. 16 of 2011] |
| (c) | revenue obtained by virtue of the provisions of sub-section (4); |
[Section 15(1)(c) substituted by section 7(a) of the Science and Technology Laws Amendment Act, 2020 (Act No. 9 of 2020), GG43829, dated 22 October 2020 - effective 01 April 2021]
| (e) | fees or royalties referred to in section 13(1) which are paid to the CSIR; |
| (f) | the proceeds from the sale of shares and from dividends on shares held by the CSIR in any company referred to in section 4(5)(d); |
| (g) | donations or contributions which the CSIR may receive from any person, body, government or administration. |
| (a) | [Sub-section (2)(a) deleted by section 7(b) of Act No. 16 of 2011] |
| (b) | [Section 15(2)(b) deleted by section 7(b) of the Science and Technology Laws Amendment Act, 2020 (Act No. 9 of 2020), GG43829, dated 22 October 2020 - effective 01 April 2021] |
| (c) | The CSIR shall utilize any donations or contributions contemplated in sub-section (1)(g) in accordance with conditions (if any) imposed by the donor or contributor in question. |
| (3) | [Section 15(3) deleted by section 7(c) of the Science and Technology Laws Amendment Act, 2020 (Act No. 9 of 2020), GG43829, dated 22 October 2020 - effective 01 April 2021] |
| (4) | The CSIR may, in respect of any work completed or services rendered by it under this Act, or for the use of its facilities or rights consequent upon any discoveries, inventions or improvements, charge such fees or make such other financial arrangements as it may deem fit. |
| (5) | [Section 15(5) deleted by section 7(c) of the Science and Technology Laws Amendment Act, 2020 (Act No. 9 of 2020), GG43829, dated 22 October 2020 - effective 01 April 2021] |
| (6) | The CSIR may establish such reserve funds, and deposit therein such amounts, as it may deem necessary or expedient. |
