Act No. 4, 1999 BROADCASTING ACT, 1999 (5) The Corporation may with the approval of the Minister invest any surplus funds of the Corporation. (6) The surplus referred to in subsection (5) must at the end of a financial year, be carried over to the next financial year and form part of the budget of the Corporation for that financial year. (7) Any dividends received by the State must be paid into the National Revenue Fund. Shareholding 19. … [Section 19 repealed by Section 16 of Act No. 64 of 2002] Financial year and annual financial statements 20. (1) Subject to the provisions of section 285 of the Companies Act, the financial year of the Corporation commences on 1 April and ends on 31 March of the following year. (2) In addition to the annual financial statements to be drawn up in terms of the Companies Act the Minister may direct the Corporation to draw up annual statements in a form determined by him or her. (3) The annual financial statements must be tabled by the Minister in the National Assembly. Rights and obligations 21. (1) The Corporation may not by virtue of the powers conferred upon it by this Act do anything for which a licence is required in terms of the Electronic Communications Act, unless it has obtained the licence in question and complies with the conditions thereof. [Subsection (1) amended by Section 97 of Act No. 36 of 2005] (2) Notwithstanding anything to the contrary contained in the Electronic Communications Act, or any other law, the Corporation is entitled, against payment of the annual fees which the Authority may from time to time determine, to be issued with a licence contemplated in subsection (1). [Subsection (2) amended by Section 97 of Act No. 36 of 2005] (3) The corporation must provide the Authority with all necessary and relevant information for the purpose of monitoring compliance with the Charter. Amendment of Broadcasting Licences 22. (1) The Corporation must, within six months of the date of commencement of the Broadcasting Amendment Act, 2002, or the conversion date, whichever is the later, apply to the Authority for such amendments to its existing licences as are necessary in order to reflect the reorganisation of the Corporation into the public service division and the commercial service division and its related obligations in terms of this Act and the Electronic Communications Act. (2) The relevant provisions of the Electronic Communications Act apply with the necessary changes to the applications referred to in subsection (1) but, irrespective of the contents of the application of the Corporation, the Authority