National Small Business Act, 1996 (Act 102 of 1996)
R 385
Disaster Management Act, 2002 (Act No. 57 of 2002)NoticesDirections on the establishment of a COVID-19 Vaccine Injury No-Fault Compensation Scheme issued in terms of the ActChapter ll : Administration of Scheme4. Financial management and oversight |
| 4.1 | The Scheme shall, subject to the provisions of the Regulations and these Directions, be under the control of the Director-General and its moneys shall be applied by the Director-General to: |
| 4.1.1 | the payment of compensation for vaccine injuries, as defined; |
| 4.1.2 | the payment of expenses incurred in or in connection with the performance of his functions in terms of paragraph 3.2; |
| 4.1.3 | the payment of any other expenditure reasonably incurred by the Director-General in the performance of his or her functions in terms of the Regulations. |
| 4.2 | The Director-General shall receive all funds appropriated to, received by or donated to the Scheme and shall be charged with the responsibility of accounting for all money received and utilised. |
| 4.3 | The Audit Committee of the Department must oversee the internal audit of the Scheme. |
| 4.4 | The Scheme will be audited by the Auditor-General of South Africa as part of the audit of the Department. |
