Page:Republic of South Africa Constitution Act 1961 statute book scan.djvu/32

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Republic of South Africa Constitution

Act No. 32 of 1961.

Administrative functions relating to administration of justice.

95. All administrative powers, functions and duties affecting the administration of justice shall be under the control of the Minister of Justice.


Part VIII.

Finance and Railways.


Existing debts and liabilities of the State.

96. Nothing in the Act contained shall affect any assets or rights belonging to the State or any debts or liabilities of the State as existing immediately prior to the commencement of this Act, and all such assets, rights, debts and liabilities shall remain assets, rights, debts and liabilities of the Republic, subject, notwithstanding any other provisions contained in this Act, to the conditions imposed by any law under which such debts or liabilities were raised or incurred, and without prejudice to any rights of security or priority in respect of the payment of principal, interest, sinking fund and other charges conferred on the creditors concerned, and may, subject to such conditions and rights, convert, renew or consolidate such debts.


All revenues vest in State President.

97. All revenues of the Republic, from whatever source arising, shall vest in the State President.


Consolidated Revenue Fund.

98. There shall be a Consolidated Revenue Fund into which shall be paid all revenues raised or received by the State President, other than the revenues referred to in section ninety-nine, and such fund shall be appropriated by Parliament for the purposes of the Republic in the manner prescribed by this Act, and subject to the charges imposed thereby.


Railway and Harbour Fund.

99. There shall be a Railway and Harbour Fund into which shall be paid all revenues raised or received by the State President from the administration of the railways, ports and harbours, and such fund shall be appropriated by Parliament for the purposes of the railways, ports and harbours in the manner prescribed by this Act.


Requirements for withdrawal of money from funds.

100. No money shall, subject to the provisions of the Exchequer and Audit Act, 1956 (Act No. 23 of 1956), be withdrawn from the Consolidated Revenue Fund or the Railway and Harbour Fund, except under appropriation made by law.


Security for interest on public debts of Colonies.

101. The annual interest of the public debts of the Colonies incorporated in the Union of South Africa in terms of the South Africa Act, 1909, and any sinking funds constituted by law at the establishment of the Republic, shall form a first charge on the Consolidated Revenue Fund.


Railways and Harbours Board.

102. (1) The Railways and Harbours Board referred to in section one of the Railway Board Act, 1916 (Act No. 17 of 1916), hereinafter referred to as the board, shall consist of not more than three commissioners, who shall be appointed by the State President, and a Minister, who shall be chairman.