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Financing of agency

The agency is financed from—

  • fees paid to the agency in terms of this Act;
  • deductions from penalties collected by the agency as contemplated in section 32;
  • money appropriated by Parliament for that purpose;
  • donations received, which must be declared in the annual report contemplated in section 7(3); and
  • money received from any other source.

The agency must utilise any money in accordance with the statement of estimated expenditure. At the end of each financial year, the registrar must invest such amounts of any surplus funds of the agency, as may be determined by the Minister in consultation with the Minister of Finance, in a separate account, from which payments may be made to any authority or body for the purpose of road safety or road traffic law enforcement.

Administrative staff and remuneration

The registrar must, subject to the business plan approved by the board, establish the administration of the agency and may appoint such administrative staff members as may be necessary.

The agency may pay to the persons in its employ such remuneration and allowances, and may provide them with such pensions and other benefits, as the board may determine with the approval of the Minister acting in consultation with the Minister of Finance.

 



Last Updated on Wednesday, 11 January 2012 12:52
 
Administrative Adjudication of Road Traffic Offences