No. 4378

Government Gazette 16 November 2009

Act No. 8, 2009

17

COMMUNICATIONS ACT, 2009

(2)
A staff member who leaves the employment of the Authority may
not represent any person in any matter pending before the Authority if he or she has
performed any significant function in relation to that matter.
(3)
The Board and the Minister may conclude an agreement whereby staff
members in the Public Service whose duties relate to the functions of the Authority are
transferred to the Authority under such conditions as are contained in the agreement in
question.
Funds of Authority
22.

(1)

(a)

an initial amount appropriated by Parliament for the benefit of the
Authority;

(b)

fees received by the Authority in relation to the grant, renewal or
transfer of any licence or authorisation in terms of this Act or any other
law;

(c)

any fees received by the Authority in relation to the regulation and
control of the radio wave spectrum;

(d)

any other fees or levies prescribed under this Act or any other law for
the benefit of the Authority;

(e)

any revenue received for services provided in the course of its
activities;

(f)

fines and other monetary sanctions imposed by the Authority in
accordance with the provisions of this Act or any other law;

(g)

proceeds from auctions of radio frequencies;

(h)

interest derived from the investment of moneys standing to the credit of
the Authority; and

(i)

moneys accruing to the Authority from any other source, including
donations or grants made for the benefit of the Authority.

Subject to subsection (2) the funds of the Authority consist of —

(2)
The moneys paid to the Authority pursuant to a universal service levy
imposed under section 56(2) and any interest derived from the investment of such
moneys do not form part of the funds of the Authority.
(3)
The Board must adopt such rules and procedures relating to the
accounting for the funds of the Authority and the Universal Service Fund as may be
necessary to ensure proper administration of and accounting for those funds.
(4)
The rules and procedures adopted under subsection (3) must be in
accordance with internationally accepted accounting practice.
(5)
The Board may, with the approval of the Minister and with the
concurrence of the Minister of Finance, invest any moneys standing to the credit of the
Authority or the Universal Service Fund which is not required for immediate use under

Select target paragraph3