| (a) | money appropriated by Parliament; |
| (bB) | penalties payable in terms of regulations made under section 45A(1); |
| (bB) | fees for providing services as determined by the Minister in consultation with the Minister of Finance by notice in the Gazette; |
| (c) | donations or contributions received by the Regulator, with the approval of the board after consultation with the Minister, from any source; and |
| (d) | any other fees or sources of income determined by the Minister by notice in the Gazette. |
[Subsection (1) substituted by section 9 of Act No. 69 of 2008]
| (2) | The Regulator must utilise its funds to defray expenses incurred by it in the performance of its functions. |
| (3) | The chief executive officer must— |
| (a) | open an account in the name of the Regulator with an institution registered as a bank in terms of the Banks Act, 1990 (Act No. 94 of 1990); and |
| (b) | deposit therein all money received in terms of subsection (1). |
| (4) | The chief executive officer may, on behalf of the Regulator, invest any money received in terms of subsection (1) which is not required for immediate use— |
| (a) | with the Public Investment Commissioners referred to in section 2 of the Public Investment Commissioners Act, 1984 (Act No. 45 of 1984), with the approval of the Minister; or |
| (b) | with such other institution determined by the board and the Minister, with the approval of the Minister of Finance. |
| (5) | The Regulator may use interest derived from the investment referred to in subsection (4) to defray expenses in connection with the performance of its functions. |
| (6) | The Regulator may, when it considers it necessary, with the approval of the Minister and with the approval of the Minister of Finance— |
| (a) | authorise the establishment of such reserve funds; and |
| (b) | deposit such funds therein. |
| (7) | The Regulator must in each financial year, on or before a date determined by the Minister, submit a statement of its income and estimated expenditure for the following financial year to the Minister for approval. |
