Basic Education Act

86. Financing of basic education.

Edition: 2022-12-31 · In force

(1)The funds of the Department of Education shall consist of—

(a)monies provided by Parliament for the purposes of the Department;

(b)any funds provided by bilateral or multilateral donors, for the purpose of the basic education;

(c)monies that may accrue to or vest in the in the course of the exercise of its functions under this Act;

(d)gifts, grants, donations or endowments as may be given to the Department;

(e)monies that may be borrowed by the Departmentfor the discharge of the functions of the Department;

(f)fees for services rendered to any designated institution in terms of a service agreement; and

(g)monies from any other source provided for the Department or relevant educational institution or programme.

(2)The funds shall be used to promote basic education.