Social Service Professions Act, 1978 (Act No. 110 of 1978)Chapter I : Council for Social Service Professions12. Funds of council |
(1) | The funds of the council shall consist of— |
(a) | the moneys received by the council in terms of this Act; |
(b) | the fines imposed and recovered in terms of this Act; |
(c) | the moneys appropriated by Parliament for achieving the objects of the council; |
(d) | the moneys obtained by way of loans raised by the council with the approval of the Minister; |
(e) | any moneys accruing to the council from any other source. |
(2) | The council shall use its funds for defraying the expenditure incurred in the achievements of its objects and the performance of its functions under this Act. |
(3) | The council may invest any unexpended portion of its funds. |