Water Research Act, 1971 (Act No. 34 of 1971)13. Administration of the fund |
| (1) | The fund shall consist of— |
| (a) | moneys appropriated by Parliament for the benefit of the fund; |
| (b) | rates and charges levied under section 11; |
| (c) | donations, bequests or contributions which the commission may receive from any other source. |
| (2) | Subject to the provisions of subsection (6), the commission shall utilize the moneys in the fund for defraying expenses in connection with the performance of its functions, which are not defrayed from other sources. |
The commission shall utilize any moneys appropriated by Parliament for the benefit of the commission in accordance with the statement in question of its estimated income and expenditure referred to in subsection (5) as approved by the Minister: Provided that, subject to the provisions of subsection (2), the commission may utilize any amount or portion of any amount required to be so utilized for a particular purpose in connection with a specified matter, for any other purpose in connection with that matter: Provided further that the commission may utilize any balance of such moneys remaining at the end of the commission’s financial year in question, for any expenses in connection with the performance of its functions.
| (3) | The commission shall utilize any moneys appropriated by Parliament for the benefit of the commission in accordance with the statement in question of its estimated income and expenditure referred to in subsection (5) as approved by the Minister: Provided that, subject to the provisions of subsection (2), the commission may utilize any amount or portion of any amount required to be so utilized for a particular purpose in connection with a specified matter, for any other purpose in connection with that matter: Provided further that the commission may utilize any balance of such moneys remaining at the end of the commission’s financial year in question, for any expenses in connection with the performance of its functions. |
| (4) | The commission shall utilize any donations, bequests or contributions contemplated in subsection (1)(c) in accordance with the conditions (if any) imposed by the donor, testator or contributor in question. |
| (5) | The commission shall in each financial year, at a time determined by the Minister, submit a statement of its estimated income and expenditure during the following financial year to the Minister for his approval in consultation with the Minister of Finance. |
| (6) | The commission may invest any unexpended portion of its moneys with the Public Debt Commissioners or in such other manner as may be determined by the Minister in consultation with the Minister of Finance. |
| (7) | The commission shall cause proper books to be kept of all moneys deposited in or paid out of the fund. |
[Subsection (7) substituted by section 5(a) of Act No. 16 of 1974]
| (8) | The secretary shall, as soon as practicable after the end of every month, pay to the commission all moneys recovered by him in terms of section 11(2) during that month and all moneys paid over to him in terms of section 11(3) (a) during that month. |
[Subsection (8) inserted by section 5 of Act No. 6 of 1974]
| (9) | The amount of any expenses incurred by the secretary by virtue of the provisions of section 11(2)(a) and (3)(a) and subsection (8) of this section, as determined by the secretary, shall be paid by the commission to the State out of moneys in the fund. |
[Subsection (9) inserted by section 5(b) of Act No. 16 of 1974]