Housing Development Agency Act, 2008
R 385
Sheriffs Act, 1986 (Act No. 90 of 1986)Chapter III : Position of Trust of SheriffsLiability of Fund40. Computation of claims against future accumulations of Fund |
| (1) | Only moneys in the Fund shall be available for the payment of any claim admitted against the Fund or for the satisfaction of any judgment obtained against the Fund, but if at any time there is insufficient money in the Fund to settle all those claims and judgments, they shall, to the extent to which they are not settled, be charged against future accumulations of the Fund. |
| (2) | The Board may at its discretion determine the order in which claims and judgments against the Fund may be settled and may, if the moneys in the Fund are insufficient to settle in full all claims and judgments, settle any claim or judgment pro rata to the amount available in the Fund. |
