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National Credit Act, 2005 (Act No. 34 of 2005)

Chapter 2 : Consumer Credit Institutions

Part C : Administrative Matters

35. Finances


(1) The National Credit Regulator and the Tribunal are each financed from—
(a) money appropriated by Parliament;
(b) any fees payable in terms of this Act;
(c) income derived from their respective investment and deposit of surplus money in terms of subsection (2); and
(d) other money accruing from any source.


(2) The National Credit Regulator or the Tribunal may invest or deposit money that is not immediately required for contingencies or to meet current expenditures—
(a) on a call or short-term fixed deposit with any registered bank or financial Institution in the Republic; or
(b) in an investment account with the Corporation for Public Deposits established in terms of section 2 of the Corporation for Public Deposits Act, 1984 (Act No. 46 of 1984).