Mandating Procedures of Provinces Act, 2008
R 385
Legal Practice Act, 2014 (Act No. 28 of 2014)Chapter 6 : Legal Practitioners' Fidelity FundPart 1 : Establishment of Fund and founding provisions54. Revenue of Fund |
The Fund consists of—
| (a) | each amount which, immediately prior to the date referred to in section 120(4), is or was payable to or held on account of the Fund, and which is paid on or after such date of commencement; |
| (b) | annual contributions paid by applicants for the issue of Fidelity Fund certificates and any interest on, or penalties in respect of, overdue contributions; |
| (c) | interest paid to the Fund in terms of this Act; |
| (d) | income obtained from investments of the Fund; |
| (e) | money recovered by or on behalf of the Fund in terms of this Act; |
| (f) | money received by or on behalf of the Fund from any insurer; |
| (g) | any other money lawfully paid into the Fund; and |
| (h) | any other money accruing to the Fund from any other source. |
