(3) III respect of subsections ( I ) and (2). (he Minister IIIUSt(tI) consider the ad\ ice of the Council: and
(1~) pro~ide reasons in writing
ad\ice.
Employees of Council
to
the Council if the Minister does not accept the
5
11. (1) (a) The Council may appoint such employees as are necessary to perform the
functions of the Council.
(b) (i) The Council must appoint a chief executive oficer who must be responsible for
the management of the affairs of the Council. and who must report on those affairs to the
10
Council as often as may be required by the Council.
(ii) The chief executilfe oticer is also the accounting officer charged with the
responsibility of accounting for all money received and the utilisation thereof and is
responsible for the property of the Council.
(2) The Council shall out of its own funds pay to its employees such remuneration,
allowances, subsidies and other benefits as the Council may determine in consultation 15
with the Department of Public Service and Administration and with the approval of the
Minister granted with the concurrence of the Minister of Finance.
(3) The determination of the remuneration and other conditions of service of persons
appointed under subsection ( 1 ) must be in accordance with a scheme approved by the
~o
Minister in consultation with the Minister of Finance.
Financing
I ne runas
ot—
12.
(1)-’of the Council
“ ‘ shall
‘“ consist
“
“
(a) money appropriated by Parliament to enable it to perform its functions and
exercise its powers:
25
(b) donations or contributions received from any source;
(c) trust funds vested in it;
(d) interest derived from investments; and
(e) money received from any other source.
(2) (a) The Council shall utilise-its funds to defray expenses in connection with the
30
performance of its functions.
(b) The Council shall utilise any money contemplated in subsection (1)(a) in
accordance with the sta(ement of its estimated income and expenditure referred to in
subsection (3), as appro~’ed by the Minister: Provided that, subject to para&raph (a), the
Council may utilise any amount or portion of any amount required to be so utilised for
a particular purpose in connection with a specified matter, for any other purpose in 35
connection with such matter: Provided further that the Council may with the approval of
the Minister utilise any balance of such money remaining at the end of the financial year
of the Council for any expenses in connection with the performance of its functions.
(c) The Council shall utilise any donations or contributions contemplated in
subsection (1)(b) in accordance with the conditions, if any, imposed by the donor or 40
contributor concerned.
(3) (a) The Council shall in each financial year, at such time as the Minister may
direct, submit a statement of the Council’s estimated income and expenditure during the
following financial year, and the Council may also during the course of a financial year
submit supplementary statements of the Council’s estimated expenditure for that 45
financial year, to the Minister for approval , granted with the concurrence of the Minister
of Finance.
(b) The Council shall not incur any expenditure in excess of the total amount
approved under paragraph (a).
(4) The Council may invest any unexpended portion of its funds in accordance with 50
the directions determined by the Minister in consultation with the Minister of Finance.
(5) The Council may only lend or borrow moneys with the prior approval of the
Minister in concurrence with the Minister of Finance.
(6) The Council may establish such reserve funds and deposit therein such amounts as
55
the Minister may approve. vrith the concurrence of the Minister of Finance.