Tourism Act, 2014 (Act No. 3 of 2014)Chapter 3 : South African Tourism Board21. Funds of Board |
(1) | The funds of the Board consist of— |
(a) | monies appropriated by Parliament for that purpose; |
(b) | any money paid to the Board for services rendered; |
(c) | any money received by way of donation; and |
(d) | any other amounts to which the Board is or may become entitled. |
(2) | The Board may use its funds for defraying expenditure incurred in performing its functions in terms of this Act. |
(3) | The Board may invest any of its funds not immediately required— |
(a) | subject to any investment policy that may be prescribed in terms of the Public Finance Management Act; and |
(b) | in such manner as the Minister may approve. |
(4) | The Board may charge and recover fees for any services rendered. |