20
Copyright
No. 26
(c) the member of the Board, employee, consultant, adviser or
subcontractor of the Society holding the information knows or
ought to have known that it is unpublished information in relation
to any contract or proposed contract of the Society.
(4) The provisions of this section shall continue to apply to any
member of the Board, employee, consultant, adviser or
subcontractor of the Society, notwithstanding the expiry or
termination of the term of office of the member or the employment
of the employee, consultant, adviser or subcontractor of the Society,
as the case may be.
Oath of
secrecy
Delegation of
powers
Funds of the
Society
Cap. 37:02
20. A member of the Board, an employee, a consultant, an
adviser and a subcontractor of the Society, shall sign an oath of
secrecy upon being appointed to the Board or being engaged by the
Society, as the case may be.
21.__(1) The Board may delegate some of its functions under
this Act to the Copyright Administrator, any member of the Board,
or member of staff of the Society.
(2) The Copyright Administrator may, with the approval of the
Board of the Society, delegate any power or function assigned to
him under this Act, to any member of staff of the Society.
22.__(1) The operational and financial costs of the Society shall
be provided through__
(a) all fees payable under this Act, except levies and fees
payable to the Society under Part XIII.
(b) administrative penalties paid to the Society under this Act;
(c) grants or donations received by the Society;
(d) such moneys as may be appropriated to the Society by
Parliament; and
(e) such other moneys and assets as may vest and accrued to
the Society.
(3) Subject to the Public Finance Management Act, the Society
may borrow such moneys as it may require for the performance of
its functions under this Act.
(4) The Society may invest with any bank or financial institution
in Malawi, any of its moneys that are not immediately required for
the performance of its functions under this Act.
(5) All the moneys of the Society which, at the end of each
financial year, are in excess of the Society’s budgetary requirements
for that year shall be paid into the Consolidated Fund, but the