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Act No. 4, 1999 BROADCASTING ACT, 1999 may impose any appropriate licence conditions which 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.". [Section 22 substituted by Section 17 of Act No. 64 of 2002] [Section 22 amended by Section 97 of Act No. 36 of 2005] Regional television services 22A. (1) In the performance of its public service mandate under section 10(l)(a) and (b), the Corporation must, within nine months of the commencement of the Broadcasting Amendment Act, 2002, apply to the Authority in terms of section 41(4) of the IBA Act, read with section 45(2) of that Act, to license it to provide additional television services which broadcast (a) regionally; (b) in such official languages as are appropriate, having regard to language usage within respective regions served by the proposed services; (c) so as to ensure that between these regional services, broadcasting in the languages of Sepedi, Sesotho, Setswana, siSwati, TshiVenda, Xitsonga, Afrikaans, isiNdebele, isiXhosa and isiZulu is provided on an equitable basis (2) The regional services provided by the Corporation must be funded by money appropriated by Parliament and may draw revenues from grants, donations and sponsorship. (3) The Authority must determine the extent to which these services may draw revenues from advertising. (4) The Corporation must draw up proper financial regulations for these services consistent with section 18. [Section 22A inserted by Section 18 of Act No. 64 of 2002] Borrowing powers 23. The Corporation must not borrow money without prior written approval of the Minister and the Minister of Finance. Accounts 24. (1) The Corporation must keep proper account of all moneys received or expended by it and of all its assets, liabilities and financial transactions. (2) The Corporation must as soon as practicable after the end of each financial year, prepare statements of accounts and a balance sheet showing in appropriate detail the revenues and expenditure of the Corporation during that financial year, and its assets and liabilities as at the end of each financial year. (3) The Corporation must in its accounts referred to in subsection (2) reflect separately the accounts of the public and commercial services. (4) The Board must ensure that the Corporation complies with the Public Finance Management Act in relation to accounting procedures by public entities. [Subsection (4) added by Section 19 of Act No. 64 of 2002]

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