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Veterinary and Para-Veterinary Professions Act, 1982 (Act No. 19 of 1982)

15. Funds of council

 

(1) The funds of the council shall consist of—
(a) fines imposed and recovered in terms of this Act;
(b) advances referred to in subsection (2);
(c) moneys obtained by way of loans raised by the council with the approval of the Minister;
(d) any other moneys received by the council in terms of this Act; and
(e) any moneys accruing to the council from any other source.

 

(2)

(a) The Minister may, with the concurrence of the Minister of Finance, advance to the council out of moneys appropriated by Parliament such amounts as he or she may deem necessary in order to enable the council to perform its functions.
(b) Any such advance shall be made on such conditions and shall be repayable at such times as the Minister may; with the concurrence of the Minister of Finance, determine.

 

(3) The council shall use its funds for defraying the expenditure incurred in the achievement of its objects and the performance of its functions under this Act.

 

(4) The council may invest any unexpended portion of its funds.

 

 


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