|About the RTIA - RTIA Financing|
Page 4 of 4Financing of agency
The agency is financed from—
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|