Promotion of National Unity and Reconciliation Act, 1995 (Act No. 34 of 1995)

Regulations

Purchase

(1)	Subject to sub-regulation (3), the fund administrator must, for purposes of the payments to be made in terms of regulations 15 and 15A, make regular advance payments to the Department.

[Regulations 16(1) substituted by section 11 of Notice No. R. 1193, GG43890, dated 6 November 2020

(2)

(a)	The fund administrator must make the first advance payment referred to in sub-regulation (1), which may not be less than 25% of the amount determined in terms of regulation 4, not later than 15 January 2021.

(b)	The fund administrator must make, within one month after the publication of these Regulations in the Gazette, an advancement payment to the Department, which may not be less than 50% of the amount determined in terms of regulation 4 for 2020.

[Regulations 16(2) substituted by section 11 of Notice No. R. 1193, GG43890, dated 6 November 2020

(3)	The Department must, depite any advance payment received from the fund administrator, submit to the fund administrator as soon as is reasonably possible proof of payments made to beneficiaries.

[Regulations 16 (3) substituted by section 11 of Notice No. R. 1193, GG43890, dated 6 November 2020]

(4)	The payments made by the fund administrator to the Department in a particular year may not exceed the amount determined by the accounting officer in terms of regulation 4(1).