Standards Act, 2008 (Act No. 8 of 2008)Part 3 : Financial Management21. Funding and investments |
(1) | The funds of the SABS consist of— |
(a) | moneys appropriated by Parliament for that purpose; |
(b) | income derived from fees charged in accordance with section 5(3); |
(c) | interest charged in accordance with section 5(4); |
(d) | income derived by the SABS from its investment; and |
(e) | money received from any other source. |
(2) | The SABS may invest any of its funds not immediately required— |
(a) | subject to any investment policy that may be prescribed in terms of section 7(4) of the Public Finance Management Act; and |
(b) | in such manner as may be prescribed by the Minister. |