Co-operative Banks Act, 2007
R 385
Housing Development Agency Act, 2008 (Act No. 23 of 2008)25. Funds of Agency |
| 1) | The funds of the Agency consist of- |
| a) | money appropriated by Parliament; |
| b) | donations or contributions received by the Agency with the approval of the Minister; |
| c) | interest on investments of the Agency; |
| d) | loans raised by the Agency, subject to section 26: |
| e) | proceeds from the sale of land; |
| f) | fees for services rendered based on cost recovery; and |
| g) | subsidies and grants granted by the organs of State. |
| 2) | The Agency, subject to section 26, must utilise the funds to defray expenses incurred by it in the performance of its functions. |
