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Prevention of and Treatment for Substance Abuse Act, 2008 (Act No. 70 of 2008)

Regulations

Regulations for Prevention of and Treatment for Substance Abuse, 2013

Chapter 2 : Service Providers

6. Conditions for management of assets bought by service providers with Government funds

 

[Section 7(2)(d)]

 

(1) Assets bought by service providers with government funds must—
(a) only be utilised for the purpose they were purchased until the Minister determines otherwise;
(b) where possible, be comprehensively insured;
(c) be recorded in an asset register which must be updated whenever there are changes; and
(d) have their book value evaluated and determined biannually.

 

(2) Service providers referred to in subregulation (1)—
(a) must within 30 days of buying an asset, forward to the Minister the description, details and a certified copy of proof of the transaction relating to the purchase to be entered in the register maintained by the Minister; and
(b) bears full responsibility for those assets and must ensure that mechanisms are put in place to prevent theft, losses, wastage and misuse of those assets.