Acts Online
GT Shield

National Empowerment Fund Act, 1998 (Act No. 105 of 1998)

20. Reports

 

 

(1)        The Trust must—

(a) furnish the Minister with information and particulars as he or she may in writing require in connection with the activities of the Trust; and
(b) annually, within six months from the end of each financial year, furnish the Minister with a consolidated report with regard to the functions, affairs, activities and financial position of the Trust during that financial year and provide a statement of the progress achieved towards realization of the purposes of this Act in that financial year.

 

(2)        The annual report referred to in subsection (1) may include such other information as the Minister may determine.

 

(3) The Minister must, within 14 days after he or she has received a copy of the annual report, table it in Parliament if Parliament is then in ordinary session or, if Parliament is not then in ordinary session, within 14 days after the commencement of its next ordinary session.