Diamonds Act, 1986 (Act No. 56 of 1986)Chapter II : The South African Diamond RegulatorPart 2 : State Diamond Trader17F. Funds of State Diamond Trader |
1) |
a) | capital invested in or lent to the State Diamond Trader; |
b) | loans raised by the State Diamond Trader; |
c) | the proceeds of any sale of assets; |
d) | interest earned by the State Diamond Trader on money invested by it; |
e) | moneys received by way of grant, contribution, donation or inheritance from any source inside or outside the Republic; and |
f) | moneys that may accrue from any other source. |
2) | The State Diamond Trader shall utilise its funds to defray the expenses incurred by the State Diamond Trader in the performance of its functions under this Act. |
3) | Moneys received by way of grant, contribution, donation or inheritance shall be utilised in accordance with any conditions imposed by the grantor, contributor, donor or testator concerned. |