South African Maritime Safety Authority Act, 1998 (Act No. 5 of 1998)Chapter 4 : FinancePart 1 : General37. Assets and liabilities |
| (a) | assets transferred to the Authority by or under this Act; |
| (b) | any amount paid to the Authority out of money appropriated by Parliament for the purpose of funding the Authority; |
| (c) | any amount payable to the Authority under any law or any instrument thereunder; |
| (d) | amounts paid to the Authority in terms of section 44 of this Act and section 2 of the South African Maritime Safety Authority Levies Act, 1998; |
| (e) | any reserves resulting from the operations of the Authority; |
| (f) | any assets acquired by the Authority in the course of its operations. |
| (2) | The liabilities of the Authority include— |
| (a) | the amount determined under section 34; |
| (b) | debts, liabilities and obligations of the State transferred to the Authority in terms of section 33; |
| (c) | any debts incurred by the Authority in the course of its operations; |
| (d) | any loans raised by the Authority. |