South African National Space Agency Act, 2008 (Act No. 36 of 2008)17. Funds of Agency |
(1) | The funds of the Agency consist of— |
(a) | money appropriated by Parliament; |
(b) | fees, royalties or other revenue obtained in terms of this Act; |
(c) | donations or contributions received by the Agency; and |
(d) | revenue accruing to the Agency from any other source. |
(2) | The Agency must utilise its funds to defray the expenses incurred by the Agency in the performance of its functions. |
(3) | Money received by way of donation or contribution must be utilised in accordance with any conditions imposed by the donor or contributor concerned. |
(4) | The Agency may, subject to the approval of the Minister and in terms of the Public Finance Management Act, 1999 (Act No. 1 of 1999), invest any of its funds not immediately required. |