Gold Membership
R
South African National Space Agency Act, 2008 (Act No. 36 of 2008)17. Funds of Agency |
| (1) | The funds of the Agency consist of— |
| (a) | money appropriated by Parliament; |
| (b) | fees, royalties or other revenue obtained in terms of this Act; |
| (c) | donations or contributions received by the Agency; and |
| (d) | revenue accruing to the Agency from any other source. |
| (2) | The Agency must utilise its funds to defray the expenses incurred by the Agency in the performance of its functions. |
| (3) | Money received by way of donation or contribution must be utilised in accordance with any conditions imposed by the donor or contributor concerned. |
| (4) | The Agency may, subject to the approval of the Minister and in terms of the Public Finance Management Act, 1999 (Act No. 1 of 1999), invest any of its funds not immediately required. |
