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Independent Communications Authority of South Africa Act, 2000 (Act No. 13 of 2000)

Chapter II : Independent Communications Authority of South Africa

15. Financing of and accounting by Authority

 

 

(1) The Authority is financed from money appropriated by Parliament.

 

(1A) The Authority may receive money determined in any other manner as may be agreed between the Minister and the Minister of finance approved by Cabinet.

[Subsection (1A) inserted by section 16 of Act No. 3 of 2006]

 

(2) The chief executive officer contemplated in section 14(1)(a) is, in accordance with section 36 of the Public Finance Management Act, 1999 (Act No. 1 of 1999), the accounting officer of the Authority and charged with the responsibilities referred to in that Act which include, amongst others, responsibilities regarding auditing, financial control, budgetary control and reporting.

 

(3) All revenue received by the Authority in a manner other than in accordance with subsection (1) must be paid into the National Revenue Fund within 30 days after receipt of such revenue.

 

(4) Cheques drawn by the Authority must be regarded to have been duly issued and signed on its behalf if issued under the joint signatures of the accounting officer and another member of the staff, or a councillor, of the Authority designated by the Council.

[Subsection (4) amended by section 18 of Act No. 2 of 2014]