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Government Gazette 17 May 2001
No. 2532
and in verification of the information contained in such application, be signed
by the Governor of the regional council of the region in which the traditional
community is situated.
Notification of appointment of senior traditional councillors, traditional
councillors and secretary
3. Where a chief or head of a traditional community (a) appoints or causes to be elected under subsection (1) of section 10
of the Act a senior traditional councillor or traditional councillor, he
or she shall notify the Minister as required by subsection (4) of that
section in the form prescribed by Annexure B;
(b) appoints under section 10(3) of the Act a secretary of the traditional
authority, he or she shall notify the Minister thereof in the form
prescribed by Annexure C.
PART III
MANAGEMENT OF COMMUNITY TRUST FUND
Moneys of Community Trust Fund
4. (1) A Community Trust Fund shall consist of (a) moneys raised (whether by means of donations, grants or otherwise)
as contemplated in section 3(3)(a) of the Act;
(b) contributions made in terms section 18(3) of the Act;
(c) interest derived from investments made in terms of regulation 10.
(2) The moneys of a Community Trust Fund shall be utilized by its
Board of Trustees in accordance with estimates of expenditure approved by the
Board, but any moneys raised as donations or grants under section 3(3)(a) of
the Act or received as contributions made under section 18(3) of the Act shall
be utilized, in the case of(a) a donation or grant, in accordance with the conditions of the
donation or grant;
(b) a contribution, for any of the purposes contemplated in section
18(3)of the Act.
(3) The financial year of a Community Trust Fund shall end on 31
March in each year.
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